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SEGMENT INFORMATION
9 Months Ended
Sep. 29, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our operating segments and reportable segments are described below:
Our PeopleReady reportable segment provides blue-collar, contingent staffing through the PeopleReady operating segment. PeopleReady provides on-demand and skilled labor in a broad range of industries that include construction, transportation, manufacturing, retail, hospitality and renewable energy.
Our PeopleScout reportable segment provides high-volume, permanent employee recruitment process outsourcing, employer branding services and management of outsourced labor service providers through the following operating segments, which we have aggregated into one reportable segment in accordance with U.S. GAAP:
PeopleScout RPO: Outsourced recruitment of permanent employees on behalf of clients and employer branding services; and
PeopleScout MSP: Management of multiple third-party staffing vendors on behalf of clients.
Our PeopleManagement reportable segment provides contingent labor and outsourced industrial workforce solutions, primarily on-site at the client’s facility, through the following operating segments, which we have aggregated into one reportable segment in accordance with U.S. GAAP:
OnSite: On-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing and distribution facilities; and
Centerline: Recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries.
The following table presents our revenue disaggregated by major source and segment and a reconciliation of segment revenue from services to total company revenue:
Thirteen weeks ended
Thirty-nine weeks ended
(in thousands)September 29,
2024
September 24,
2023
September 29,
2024
September 24,
2023
Revenue from services:
Contingent staffing
PeopleReady$214,792 $283,187 $660,862 $811,133 
PeopleManagement130,852 137,065 396,463 420,809 
Human resource outsourcing
PeopleScout36,713 52,944 124,115 182,130 
Total company$382,357 $473,196 $1,181,440 $1,414,072 
The following table presents a reconciliation of segment profit to income (loss) before tax expense:
Thirteen weeks ended
Thirty-nine weeks ended
(in thousands)September 29,
2024
September 24,
2023
September 29,
2024
September 24,
2023
Segment profit (loss):
PeopleReady$3,043 $9,656 $(1,621)$18,686 
PeopleManagement3,278 2,134 9,424 4,182 
PeopleScout2,542 6,272 10,851 24,012 
Total segment profit8,863 18,062 18,654 46,880 
Corporate unallocated expense(4,184)(8,122)(16,386)(23,045)
Third-party processing fees for hiring tax credits30 (90)(150)(320)
Amortization of software as a service assets(1,615)(1,064)(4,410)(2,884)
Goodwill and intangible asset impairment charge— — (59,674)(9,485)
PeopleReady technology upgrade costs(65)(696)(489)(902)
COVID-19 government subsidies, net of fees
— (525)9,652 (525)
Executive leadership transition costs— (2,492)— (2,492)
Other costs, net
(2,965)(1,615)(6,953)(3,577)
Depreciation and amortization (6,967)(6,184)(22,616)(18,875)
Income (loss) from operations(6,903)(2,726)(82,372)(15,225)
Interest and other income (expense), net
521 390 3,861 1,982 
Income (loss) before tax expense (benefit)$(6,382)$(2,336)$(78,511)$(13,243)
Asset information by reportable segment is not presented as we do not manage our segments on a balance sheet basis.