XML 33 R24.htm IDEA: XBRL DOCUMENT v3.22.2.2
Subsequent Event (Notes)
9 Months Ended
Sep. 24, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent EventsOn October 25, 2022, we adopted a restructuring plan to align our cost structure with reduced demand levels within the Probe Cards segment by streamlining and improving the efficiency and business effectiveness of our operations. The plan includes lowering headcount by approximately 13% of our workforce, which is expected to result in recognizing restructuring charges of approximately $6.6 million in cash, consisting of severance and employee-related costs. We expect the actions defined under this plan will be largely completed by the end of the fourth quarter of fiscal 2022. Upon completion, this action is expected to reduce our cost structure by approximately $25 to $30 million on an annualized basis.