Calamp announces restructuring plan to accelerate conversion to a software and subscription services (s&ss) business model

Irvine, calif., jan. 27, 2023 (globe newswire) -- 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.
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