Comscore is launching a restructuring plan that includes a substantial headcount reduction.

The move is expected to eliminate $20 million to $25 million in annual costs as the media measurement and analytics company invests in future growth.

The Reston, Va., company said the one-time costs associated with the restructuring, primarily severance and other employee compensation expenses, are expected to be between $7 million to $9 million.

Comscore will also slash its executive salaries to reduce its corporate costs, including a 20% base salary reduction for Chief Executive Matt McLaughlin and a 10% reduction for the chief financial officer and other executive team members, effective Oct. 1 through Dec. 31, 2027.

As part of its adjustments, the company also entered into a separation agreement with Chief Commercial Officer Steve Bagdasarian, who will serve as a strategic adviser to the CEO until he leaves the company Dec. 1.

The company didn't say how many employees would be affected.

Comscore said it plans to expand its use of offshore resources for repeatable operations, streamline legacy activities and underused product features, and rationalize its international commercial footprint.

The company expects to realize the financial impact of the restructuring as it progresses through fiscal 2027.

"We must first realign the business and level-set costs to our current revenue base," McLaughlin said. "This includes a substantial headcount reduction."

Comscore said it plans to use some of the savings to hire key leaders and invest in employees and other initiatives tied to the transformation plan.