In the first six months of fiscal 2025, management approved restructuring plans to redirect resources to the highest return activities and reduce costs. These plans collectively reduced our global workforce by approximately 2% for which restructuring charges, comprised of employee severance related expenses, were recorded during the first six months of fiscal 2025. The activities under these plans were initiated during the first six months of fiscal 2025 and are expected to be substantially complete by the end of fiscal 2025. Charges related to these plans consist primarily of employee severance-related costs.

In the first six months of fiscal 2024, management executed a restructuring plan to redirect resources to highest return activities, and to optimize our global office space for our hybrid work model. In connection with the plan, we reduced our global workforce by approximately 1% and terminated certain real estate leases in various countries, resulting in restructuring charges comprised primarily of employee severance related expenses and lease termination charges. The activities under the plan were substantially completed by the end of fiscal 2024.

Activities related to our restructuring plans are summarized as follows (in millions):


	Six Months Ended
	October 25, 2024			October 27, 2023
Balance at beginning of period	$	10		$	36
Net charges		29			31
Cash payments		(22	)		(46	)
Balance at end of period	$	17		$	21