“These charges consist of approximately $50 million to $65 million associated with office space reductions, approximately $40 million to $55 million related to employee severance and employee-related costs, and $35 million to $45 million in costs associated with licensor commitments,” reads the filing.
The severance I get, but why is closing offices costing them so much. And what are “ licensor commitments?”
The severance I get, but why is closing offices costing them so much. And what are “ licensor commitments?”
Removed by mod
Yeah, that could be. No one wants office buildings because so many people are remote now. Office buildings are the cheapest they’ve been in decades.