Imation: History (1998): Imation to Layoff 1,700

With financial results falling far short of the company's hopes, Imation will take severe steps in its second reorganization in less than 6 months, the first dating back to last October. The result is that a total of 1,700 employees out of the 9,800 strong workforce will leave the company before the end of 1998. [...] The post History (1998): Imation to Layoff 1,700 appeared first on StorageNewsletter.