Restructuring and Other Related Charges

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

During second quarter 2022, we initiated a restructuring plan to focus on consolidating our global operations by designing new processes and implementing new systems (“Cost Optimization”). As of June 30, 2023, we formally communicated the termination of employment to approximately 270 employees as part of this process, and terminated approximately 255 of these employees. We expect further restructuring expense of approximately $2 million related to this initiative to be incurred this year.

The following table presents our restructuring liabilities and related activities by reportable segment as it relates to our Cost Optimization plan, which are all personnel related in nature:


		Americas		International		Total
Balance as of January 1, 2023		$	1	$	3	$	4
	Restructuring expense	3		2		5
	Restructuring payments and utilization	(3)		(3)		(6)
Balance as of June 30, 2023		$	1	$	2	$	3