LivePerson’s corporate headquarters are located in New York City, NY and we maintain a globally distributed, remote workforce.
−Removed: In 2020, the Company vacated its physical offices around the world, and transitioned to an “employee-centric” workforce model, leveraging its expertise in AI and asynchronous communication to support operations, culture and productivity in this new environment.
−Removed: This decision resulted in the significant reduction of the real estate space we lease and the removal of the associated right-of-use assets.
−Removed: In 2021, the Company reoccupied some of its leased space to provide its employees with the option of working in an office space environment.
+Added: The Company primarily operates under an “employee-centric” workforce model, leveraging its expertise in AI and asynchronous communication to support operations, culture and productivity in this new environment.
+Added: Under this model, the Company occupies certain leased space to provide its employees with the option of working in an office space environment.
As of December 31, 2023, we have data centers in the United States, Europe, and Australia pursuant to various lease agreements.
−Removed: We believe that our current facilities properties are in good condition and are adequate to meet our current needs.
+Added: We believe that our current facilities properties are in good condition and provide adequate capacity to meet our current needs.
If required, we believe that we will be able to obtain suitable additional space on commercially reasonable terms.
+Added: Legal Proceedings
+Added: The material set forth in Note 15 – Legal Matters in the Notes to the Consolidated Financial Statements under Item 8 of this Annual Report on Form 10-K is incorporated herein by reference.
+Added: Mine Safety Disclosures
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.