v3.25.0.1
Personnel expenses
 12 Months Ended
Dec. 31, 2024
Classes of employee benefits expense [abstract]  
Personal expenses Personnel expenses
202420232022
(in € millions, except employee data)
Wages and salaries1,187 1,558 1,233 
Social costs and payroll taxes444 254 85 
Contributions to retirement plans52 55 51 
Share-based compensation267 321 381 
Other employee benefits138 157 150 
Total2,088 2,345 1,900 
Average full-time employees7,6919,1238,359
On January 23, 2023, the Company announced a reorganization to streamline our organizational structure and reduce our operating costs. As part of such reorganization, we reduced our employee base by approximately 6% across the Company. Additionally, during the second fiscal quarter of 2023, we executed a strategic realignment and reorganization plan focusing on podcast operations and rationalizing our content portfolio. On December 4, 2023, the Company announced a reduction in force, through which our employee base was reduced by approximately 17%. In connection with these reorganizations, during the year ended December 31, 2023, we recognized charges of €212 million for employee severance. These charges were included within the consolidated statement of operations as follows:
Year ended December 31, 2023
Cost of revenue15 
Research and development119 
Sales and marketing44 
General and administrative34 
Total212 
There were no similar material reorganization events during the year ended December 31, 2024.