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Restructuring activities
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring activities Restructuring activities
On January 25, 2024, the Company announced a workforce reduction plan intended to reduce operating costs, improve operating margins, and continue advancing the Company’s ongoing commitment to profitable growth. The workforce reduction plan impacted approximately 6% of the Company’s full-time employees. The workforce reduction plan was substantially complete by the end of the second quarter of 2024.
Restructuring charges incurred during the year ended December 31, 2024 were as follows (in thousands):
Cost of revenue:
Subscription$
Sales and marketing7,304 
Research and development709 
General and administrative1,387 
$9,407 
The table above does not include immaterial amounts related to leases recorded to restructuring charges during the year ended December 31, 2024.
The following table summarizes our restructuring liability included in accrued liabilities in the consolidated balance sheet (in thousands):
Balance, December 31, 2023$351 
Restructuring charges9,407 
Cash payments(8,529)
Balance, December 31, 2024
$1,229