v3.26.1
Restructuring Costs
6 Months Ended
Jun. 26, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Costs

12. Restructuring Costs

 

During the quarter and six months ended June 26, 2026, the Company incurred restructuring costs of $0.5 million and $2.4 million, respectively, 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

 

Restructuring costs

 

 

492

 

Cash paid

 

 

(802

)

Accrual balance at June 26, 2026

$

 

1,753