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Restructuring Charges (Tables)
9 Months Ended
Sep. 30, 2024
Restructuring and Related Activities [Abstract]  
Schedule of total restructuring changes by function The following table presents the total non-recurring restructuring charges by function for the periods indicated (in thousands):

 

 

 

 

 

Three Months Ended September 30, 2024

 

 

Nine Months Ended September 30, 2024

 

Cost of revenue

 

 

 

$

(34

)

 

$

972

 

Selling and marketing

 

 

 

 

(3

)

 

 

3,244

 

General and administrative

 

 

 

 

21

 

 

 

6,093

 

Product development

 

 

 

 

598

 

 

 

10,046

 

     Total

 

 

 

$

582

 

 

$

20,355

 

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

 

 

19,032

 

 

 

1,323

 

 

 

20,355

 

Cash payments

 

 

(17,875

)

 

 

(1,212

)

 

 

(19,087

)

Balance as of September 30, 2024

 

$

1,157

 

 

$

111

 

 

$

1,268