v3.26.1
Restructuring Costs
3 Months Ended
Mar. 27, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Costs

12. Restructuring Costs

 

During the first quarter of 2026 and the third quarter of 2025, the Company incurred restructuring costs of $1.9 million and $3.1 million as a result of its continued pivot of its business to Gen AI. The costs were employee related costs, as the Company reduced staff to be commensurate with current market demand and the leverage the Company’s Gen AI delivery platforms are expected to have on the Company's service offerings.

 

The following table sets forth the activity in the restructuring expense accrual (in thousands):

 

 

 

Employee- Related

 

 

 

Costs

 

Accrual balance at December 27, 2024

$

 

 

Restructuring costs

 

 

3,112

 

Cash paid

 

 

(2,229

)

Accrual balance at December 26, 2025

$

 

883

 

Restructuring costs

 

 

1,956

 

Cash paid

 

 

(776

)

Accrual balance at March 27, 2026

$

 

2,063