AM I NEXT? NO LOVE AT VER (VIDEO EQUIPMENT RENTALS)

 Am I Next? Layoffs at VER (Video Equipment Renals) and PRG (Production Resources Group)

Glendale, California-based Full Throttle Films LLC, doing business as VER (Video Equipment Rentals), recently emerged from Chapter 11 bankruptcy and merged with Production Resources Group LLC to form one of the world’s largest suppliers of audio, video, lighting, cameras and rigging equipment to entertainment, broadcast, and corporate productions.

The company has announced that the integration and restructuring of the two companies will impact approximately 260 employees, 79 of which are located at their Glendale, California campus.

The consolidated company will be managed by The Jordan Company, GSO Capital Partners, and PRG Management with Jere Harris serving as chairman and CEO .

Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere ... are you wondering, Am I Next?