Iomega predicts huge Q2 loss
So much for the turnaround...
Magic Quadrant for Enterprise Backup/Recovery
Just a week after insisting to members of the UK IT press that it has turned the corner and is well on its way to rude health, Iomega today warned that it will post a loss for its second quarter. It also said it was shutting two US manufacturing plants. Job losses there and at other US locations would total 450 redundancies, Iomega said. The cuts will lead to a $18 million restructuring charge, but other charges will take the final figure to $45 million. And Iomega expects to post a loss of five to ten cents a share on top of that charge. The company blamed the loss on poor sales of its Jaz removable hard drive system and Jaz media, and its ongoing problems getting the new Clik drive out of the door. ®
IT infrastructure monitoring strategies
Agentless Backup is Not a Myth
Top 10 SIEM implementer’s checklist
Steps to Take Before Choosing a Business Continuity Partner
Enabling efficient data center monitoring
