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Restructuring (Tables)
3 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
Schedule of total restructuring changes by function The following table presents the total restructuring charges by function (in thousands):

 

 

 

 

 

Three Months Ended March 31, 2024

 

Cost of revenue

 

 

 

$

920

 

Selling and marketing

 

 

 

 

3,084

 

General and administrative

 

 

 

 

4,591

 

Product development

 

 

 

 

8,021

 

     Total

 

 

 

$

16,616

 

Summary of restructuring related liabilities

The following table summarizes the restructuring-related liabilities (in thousands):

 

 

 

Employee Related Benefits

 

 

Other

 

 

Total

 

Balance as of December 31, 2023

 

$

 

 

$

 

 

$

 

Restructuring charges

 

 

15,787

 

 

 

829

 

 

 

16,616

 

Cash payments

 

 

(2,716

)

 

 

 

 

 

(2,716

)

Balance as of March 31, 2024

 

$

13,071

 

 

$

829

 

 

$

13,900