CalAmp (NASDAQ:CAMP), a connected intelligence company that helps people and organizations improve operational performance, today announced that it initiated a restructuring plan to reduce approximately eight percent of its employees across various functions. The Company implemented these actions to realign its operations to be more consistent with its S&SS business model.
$10B Buyout Goes Burst: Envision Healthcare Backed By KKR Files Bankruptcy
The doctor staffing company Envision Healthcare declared bankruptcy five years after KKR & Co Inc's (NYSE: KKR) $10 billion leveraged purchase that