New Relic`, a leading Observability platform provider, has announced a restructuring plan aimed at simplifying the company's business and creating a singular focus on consumption. The plan will result in the departure of approximately 155 employees in the United States and up to 57 internationally, with a goal of reducing headcount by nearly every function, level, and region. The restructuring is part of New Relic's multi-year journey to transition its business into one that brings ubiquity to Observability while sustaining high growth rates and profitability. The company aims to accelerate its delivery of this promise through bold action, particularly in light of current economic uncertainty. Employees departing the company will receive severance pay, extended benefits coverage, mental health support, and career outplacement assistance.