NAPERVILLE, Ill., Nov. 7 /PRNewswire-FirstCall/ -- Calamos Asset Management, Inc. today announced that it has reduced its information technology department by 31 associates.
John P. Calamos, Sr., Chairman, Chief Executive Officer and Co-Chief Investment Officer, said, "These changes were made after our evaluation of our level of IT resources and expenses. A substantial portion of the reduction was related to suspending certain IT projects while we evaluate the feasibility of outsourcing some of our business operations over the next several months."
About Calamos Asset Management
Calamos Asset Management, Inc. is a diversified investment management firm offering equity, fixed income, convertible and alternative investment strategies, among others. The firm serves institutions and individuals via separately managed accounts and a family of open-end and closed-end funds, offering a risk-managed approach to capital appreciation and income-producing strategies. For more information, visit http://www.calamos.com/.
