UiPath Plans Restructuring Actions To Manage Its Operating Expenses, Including Overall Reduction Of Approximately 10% Of Its Global Workforce Of 4,200 As Of July 1, 2024 - Filing

The Company estimates that it will incur costs of $15 million to $20 million related to employee termination benefits and approximately $2 million to $5 million in connection with lease exit and other contractual costs. The total anticipated restructuring costs of approximately $17 million to $25 million are predominantly expected to be cash expenditures and are expected to be incurred by the first quarter of fiscal year 2026.