BellRing Brands (BRBR) will undertake job cuts as part of its efforts to streamline operations, the company said in a regulatory filing late Wednesday.

The company expects its workforce realignment efforts to result in annualized run-rate operating expense savings of $10 million to $12 million before taxes.

The company said it expects to begin realizing these savings in fiscal Q4, with the majority expected the following year.

BellRing said that in connection with the job cuts, it expects to incur $6 million in charges, primarily for severance and related benefits.

These costs are expected to be incurred primarily in fiscal Q3, the company said.

Additionally, BellRing said late Wednesday that its chief growth officer, Douglas Cornille, will step down, effective the same day.