Imation to kick 200 people off its employment train as it pulls into Recession 2008 station.
Not only are they reducing the livelihood of 200 people who lose their paycheck and spending power to act as clownsumers, but they are also giving untold many investors a haircut by cutting their dividend in half.
They are reducing a bit more than 10% of their workforce, which ironically matches my DVD-R DL media coaster ratio with their products.
Imation is headquartered in Oakdale, Minnesota.
Monday, November 10, 2008
In this Station 200 People Kicked Off
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