Imation Corp. to Lay Off 124 Employees; Announces Management Changes
The company said that it also has terminated four high-ranking executives: CFO Scott Robinson, General Counsel John Breedlove, Gregory Bosler, group president of consumer storage and accessories, and R. Ian Williams, group president of tiered storage. Except for Williams, the terminated executives will stay on into the first quarter 2016. Williams' termination took effect September 29, 2015, and he will continue to provide consulting services until November 27, 2015. Lucas remained CEO through August 2015.