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Home arrow News arrow Audio/Video arrow Iomega downsizes by 30%
Iomega downsizes by 30%
Written by t-readyroc   
Friday, 29 July 2005

Flash media has certainly sounded the death knell of this once powerful company. Used to be that the Zip Disk was the fastest way to move around anything bigger than a floppy, but not big enough for a CD... notsomuch anymore, & the company is reacting accordingly...

"In 2001, the year Iomega moved its headquarters from Roy to California, the company's work force hovered around 2,200 nationwide and 750 in Utah. Its Jaz and Zip drives ruled the portable memory marketplace at the time, but lost ground in the explosion of increasingly higher-capacity and cheaper mini-drives and flash card memory devices."

 
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