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Restructuring Plan
 12 Months Ended
Sep. 28, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Plan Restructuring Plan
On August 14, 2024, the Company initiated a restructuring plan to reduce its cost base (the “2024 restructuring plan”). The 2024 restructuring plan included a reduction in force involving approximately 6% of the Company's employees. Total pre-tax restructuring and abandonment costs under the 2024 restructuring plan were $11.3 million, substantially all of which were incurred in the fourth quarter of fiscal 2024, with nominal amounts to be incurred through the first quarter of fiscal 2025.
Restructuring and abandonment costs by major cost-type incurred were as follows:
(in thousands)September 28,
2024
Employee-related costs$7,371 
Lease abandonment charges(1)
2,512 
Other restructuring costs1,970 
Total restructuring and abandonment costs$11,853 
(1) Lease abandonment charges include nominal remaining costs incurred related to the restructuring plan initiated on June 14, 2023, (the “2023 restructuring plan”).
Restructuring and abandonment costs are recorded in the Company's consolidated statements of operations and comprehensive income (loss) as follows:
(in thousands)September 28,
2024
Research and development(1)
$5,743 
Sales and marketing(1)
2,770 
General and administrative(1)
3,340 
Total restructuring and abandonment costs$11,853 
(1) Restructuring and abandonment costs recorded in the Company's consolidated statements of operations and comprehensive income (loss) include nominal remaining costs incurred related to the 2023 restructuring plan.
The following table summarizes the Company's restructuring activities recorded in accrued expenses and accrued compensation within the consolidated balance sheets:
(in thousands)
Employee Related Costs
Other
Restructuring Costs
Total
Balance as of September 30, 2023(1)
$2,068 $56 $2,124 
Restructuring charges7,371 1,970 9,341 
Cash paid(7,287)(989)(8,276)
Balance as of September 28, 2024
$2,152 $1,037 $3,189 
(1) Balance as of September 30, 2023, relates to activities under the 2023 restructuring plan.