ATS Corporation announces restructuring actions

The company periodically undertakes reviews of its operations to ensure alignment with strategic market opportunities. As a part of this review, the company has identified an opportunity to improve the cost structure of the organization to reallocate resources to strategic focus areas and improve operational efficiencies. Actions are expected to begin in the third quarter of fiscal 2026 and continue to the end of the fiscal year. The company anticipates total restructuring expenses to be approximately $15M.