−Removed: Our properties consist of owned and leased office facilities for sales, support, research and development, consulting and administrative personnel, totaling approximately 336,000 square feet of owned facilities and approximately 2.4 million square feet of leased facilities.
+Added: Our properties consist of owned and leased office facilities for sales, support, research and development, consulting and administrative personnel, totaling approximately 0.3 million square feet of owned facilities and approximately 2.8 million square feet of leased facilities.
+Added: During the fourth quarter of Fiscal 2020, in response to the COVID-19 pandemic, we made a strategic decision to move towards a significant work from home model.
+Added: Our intent, over time, is to make a significant reduction in the number of offices, anticipated to be over 50% of our global offices, impacting approximately 15% of our employees.
+Added: Based upon our COVID-19 Restructuring Plan, we estimate that this transition can be executed within six to twelve months from implementation.
Owned Facilities
11 unchanged sentences
Americas consists of countries in North, Central and South America.
−Removed: EMEA primarily consists of countries in Europe, the Middle East and Africa.
−Removed: Asia Pacific primarily consists of the countries Japan, Australia, China, Korea, Philippines, Singapore and New Zealand.
−Removed: Included in the total approximate square footage of leased facilities is approximately 279,000 square feet of vacated space which has either been sublet or is being actively marketed for sublease or disposition.
+Added: EMEA consists of countries in Europe, the Middle East and Africa.
+Added: Asia Pacific primarily consists of Japan, Australia, China, Korea, Philippines, Singapore and India.
+Added: Included in the total approximate square footage of leased facilities is approximately 2.2 million square feet of operational space and approximately 0.6 million square feet of vacated space which has either been sublet or is being actively marketed for sublease or disposition, of which 0.4 million square feet were vacated as part of the COVID-19 Restructuring Plan.
+Added: For more information on our COVID-19 Restructuring Plan, see note 18 “Special Charges (Recoveries)” to the Consolidated Financial Statements included in this Annual Report on Form 10-K.
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.