v3.25.1
Restructuring
3 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
2024 Restructuring
In the first quarter of 2024, we announced a plan to reduce hierarchy and concentrate our team members in major hub locations to support in-person collaboration, resulting in the reduction of our global headcount by approximately 10%. We completed the 2024 restructuring in the second quarter of 2024.
The following table summarizes the 2024 restructuring charges included in our consolidated statement of operations for the three months ended March 31, 2024:
Three Months Ended March 31, 2024
Severance and Related Charges (1)
Stock-Based Compensation Expense
Other (2)
Total
(in thousands)
Cost of revenue$837 $207 $— $1,044 
Research and development31,269 4,517 3,201 38,987 
Sales and marketing15,256 4,218 — 19,474 
General and administrative6,265 95 2,351 8,711 
Total$53,627 $9,037 $5,552 $68,216 
(1)Severance and related charges include cash severance expenses and other termination benefits. The majority of cash paid for the restructuring was related to severance and benefits.
(2)Other primarily includes intangible asset amortization and depreciation expense.