“During the six months ended June 30, 2019, we recorded net restructuring and asset impairment charges of $72, which included $25 of severance costs related to headcount reductions of approximately 300 employees worldwide, ...”
Interesting that cost per laid off employee (25M/300) is approx $83,333 each. With severance at 12 weeks max, that equates to a ~$333k annual salary (83,333*4 qtrs). Something not making sense. My math, or the quarterly report submitted to SEC.GOV? Certainly things like job search assistance are not enough to make this giant charge.