Restructuring |
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Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring | Restructuring In the three months ended March 31, 2026, a $10.1 million restructuring charge (March 31, 2025: $39.3 million) was recorded in the Condensed Consolidated Statement of Operations under a restructuring plan reflecting a workforce reduction.
At March 31, 2026, a total liability of $15.1 million (December 31, 2025: $12.5 million) was recorded on the Condensed Consolidated Balance Sheet relating to restructuring activities.
The closing provision as at March 31, 2026 of $15.1 million (December 31, 2025: $12.5 million) reflects: (1) $12.0 million (December 31, 2025: $9.1 million) of personnel related liabilities as a result of the workforce reduction; all of which have been classified as short-term within Other Liabilities, and (2) $3.1 million (December 31, 2025: $3.4 million) of facilities related liabilities of which $1.2 million (December 31, 2025: $1.3 million) is included within Other Liabilities and $1.9 million (December 31, 2025: $2.1 million) is included within Non-Current Other Liabilities.
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