In line with our strategic priority to drive operational efficiencies, we are committed to disciplined expense management. Over the past few months, we have taken deliberate steps to ensure that our business model is resilient and consistently generates cash flow.

Feb 13, 2025 / receipt, needs a key / Sarah, CFO | earnings call 2025-02-13 | transcript 308f6069-dcf3-4bbd-b3ef-6e0f9eef7208 | chars 23492-23756 | segment 24

To break down the $50 million, approximately $40 million in cost savings are related to reducing organizational layers, relocating certain roles to lower-cost locations, and optimizing our go-to-market structure. We also identified an additional $10 million in cost savings related to other expenses, such as marketing spend, professional services, software, and T&E.

Oct 29, 2024 / receipt, needs a key / Sarah Blanchard, CFO | earnings call 2024-10-29 | transcript 320a5624-bdd1-46dd-aa52-039f20424bbb | chars 21288-21655 | segment 21