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Project Summit
 6 Months Ended
Jun. 30, 2021
Restructuring and Related Activities [Abstract]  
Project Summit
In October 2019, we announced our global program designed to better position us for future growth and achievement of our strategic objectives (“Project Summit”). As a result of the program, we expect to reduce the number of positions at vice president and above by approximately 45%. The total program is expected to reduce our total managerial and administrative workforce by approximately 700 positions by the end of 2021. We have also reduced our services and operations workforce. As of June 30, 2021, we have completed approximately 95% of our planned workforce reductions. The activities associated with Project Summit began in the fourth quarter of 2019 and are expected to be substantially complete by the end of 2021.
We estimate that the implementation of Project Summit will result in total operating expenditures (“Restructuring Charges”) of approximately $450,000 that primarily consist of: (1) employee severance costs; (2) internal costs associated with the development and implementation of Project Summit initiatives; (3) professional fees, primarily related to third party consultants who are assisting with the design and execution of various initiatives as well as project management activities and (4) system implementation and data conversion costs.
Restructuring Charges included in the accompanying Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2021 and 2020, and from the inception of Project Summit through June 30, 2021, are as follows:
 THREE MONTHS ENDED JUNE 30,SIX MONTHS ENDED JUNE 30,FROM THE INCEPTION
OF PROJECT SUMMIT
THROUGH
JUNE 30, 2021
2021202020212020
Employee severance costs$3,921 $11,542 $7,729 $17,650 $75,928 
Professional fees and other costs35,522 27,756 71,525 62,694 246,319 
Restructuring Charges$39,443 $39,298 $79,254 $80,344 $322,247 
Restructuring Charges by segment for the three and six months ended June 30, 2021 and 2020, and from the inception of Project Summit through June 30, 2021, are as follows:
 THREE MONTHS ENDED JUNE 30,SIX MONTHS ENDED JUNE 30,FROM THE INCEPTION
OF PROJECT SUMMIT
THROUGH
JUNE 30, 2021
2021202020212020
Global RIM Business$7,942 $12,774 $16,166 $21,062 $105,206 
Global Data Center Business1,183 503 1,637 690 3,575 
Corporate and Other Business30,318 26,021 61,451 58,592 213,466 
Restructuring Charges$39,443 $39,298 $79,254 $80,344 $322,247 
A rollforward of the accrued Restructuring Charges, which is included as a component of Accrued expenses and other current liabilities in our Condensed Consolidated Balance Sheets, from December 31, 2019 through June 30, 2021, is as follows:
EMPLOYEE SEVERANCE COSTSPROFESSIONAL FEES AND OTHERTOTAL ACCRUED RESTRUCTURING CHARGES
Balance as of December 31, 2019$4,823 $12,954 $17,777 
Amounts accrued47,349 147,047 194,396 
Payments(32,455)(136,222)(168,677)
Other, including currency translation adjustments(3,439)(4)(3,443)
Balance as of December 31, 202016,278 23,775 40,053 
Amounts accrued7,729 71,525 79,254 
Payments(16,474)(69,380)(85,854)
Other, including currency translation adjustments(384)— (384)
Balance as of June 30, 2021$7,149 $25,920 $33,069