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SEGMENT INFORMATION
 6 Months Ended
Jun. 29, 2025
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 energy.
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.
Our PeopleSolutions reportable segment provides professional and specialized talent acquisition solutions, as well as workforce management and compliance services.
During the fiscal first quarter of 2025, as a result of the HSP acquisition, we renamed our historical ‘PeopleScout’ reportable segment to ‘PeopleSolutions’. During the fiscal second quarter of 2025, we eliminated PeopleScout MSP as an operating segment for segment reporting purposes, as our chief operating decision-maker (“CODM”) no longer regularly reviews the operating results of PeopleScout MSP, consistent with our strategy to simplify our operational structure.
We evaluate performance based on segment revenue and segment profit (loss). Segment revenue is net of intercompany eliminations. Segment profit (loss) includes revenue, related cost of services, and ongoing operating expenses directly attributable to the reportable segment. Segment profit (loss) excludes goodwill and intangible asset impairment charges, depreciation and amortization expense, unallocated corporate general and administrative expense, interest and other income (expense), income taxes, and other costs and benefits not considered to be ongoing.
The following tables present our revenue from services by segment, with a reconciliation to total company revenue. Also, the tables present significant segment expense categories regularly provided to the CODM and included in the calculation of segment profit (loss). Cost of services and SG&A expense for the individual segments, as presented in the tables below, exclude certain costs and benefits that are also excluded from the calculation of segment profit (loss). Lastly, the tables include a reconciliation of segment profit (loss) to income (loss) before tax expense.
Thirteen weeks ended
June 29, 2025
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total company
Revenue from services
$213,226 $133,895 $49,178 $396,299 
Cost of services
158,267 113,065 33,469 
Selling, general and administrative expense
53,429 16,729 13,175 
Segment profit
$1,530 $4,101 $2,534 $8,165 
Corporate unallocated (5,520)
Third-party processing fees for hiring tax credits60 
Amortization of software as a service assets(1,036)
Acquisition/integration costs(153)
Goodwill and intangible asset impairment charge(200)
COVID-19 government subsidies, net of fees
8,573 
Workforce reduction costs
(3,445)
Other costs, net
(1,883)
Depreciation and amortization (inclusive of depreciation included in cost of services)
(7,502)
Income (loss) from operations(2,941)
Interest and other income (expense), net2,903 
Income (loss) before tax expense
$(38)
Thirteen weeks ended
June 30, 2024
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total company
Revenue from services
$223,409 $131,751 $41,070 $396,230 
Cost of services
160,229 110,645 23,655 
Selling, general and administrative expense
62,786 17,711 13,985 
Segment profit
$394 $3,395 $3,430 $7,219 
Corporate unallocated (6,150)
Third-party processing fees for hiring tax credits(90)
Amortization of software as a service assets(1,452)
Goodwill and intangible asset impairment charge(59,674)
PeopleReady technology upgrade costs(39)
COVID-19 government subsidies, net of fees
9,696 
Workforce reduction costs
(1,500)
Other costs, net
(279)
Depreciation and amortization (7,691)
Income (loss) from operations(59,960)
Interest and other income (expense), net1,741 
Income (loss) before tax expense
$(58,219)
Twenty-six weeks ended
June 29, 2025
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total company
Revenue from services
$402,531 $269,427 $94,595 $766,553 
Cost of services
294,790 228,368 64,486 
Selling, general and administrative expense
109,185 34,064 25,623 
Segment profit (loss)
$(1,444)$6,995 $4,486 $10,037 
Corporate unallocated(11,314)
Third-party processing fees for hiring tax credits(30)
Amortization of software as a service assets(2,129)
Acquisition/integration costs(863)
Goodwill and intangible asset impairment charge(200)
COVID-19 government subsidies, net of fees8,573 
Workforce reduction costs
(4,845)
Other costs, net(1,981)
Depreciation and amortization (inclusive of depreciation included in cost of services)(14,312)
Income (loss) from operations(17,064)
Interest and other income (expense), net3,096 
Income (loss) before tax expense
$(13,968)
Twenty-six weeks ended
June 30, 2024
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total company
Revenue from services$446,070 $265,611 $87,402 $799,083 
Cost of services323,001 223,680 51,219 
Selling, general and administrative expense127,733 35,785 27,874 
Segment profit (loss)
$(4,664)$6,146 $8,309 $9,791 
Corporate unallocated (12,202)
Third-party processing fees for hiring tax credits(180)
Amortization of software as a service assets(2,795)
Goodwill and intangible asset impairment charge(59,674)
PeopleReady technology upgrade costs(424)
COVID-19 government subsidies, net of fees9,652 
Workforce reduction costs
(3,560)
Other costs, net(428)
Depreciation and amortization (15,649)
Income (loss) from operations(75,469)
Interest and other income (expense), net3,340 
Income (loss) before tax expense
$(72,129)
Asset information by reportable segment is not presented as we do not manage our segments on a balance sheet basis.