Oh, global economic crisis, when will you stop claiming our favorite companies? Oh, wait, it's just
i-mate folding this time? So, the company that already
laid off its US staff is totally going away? We can live with that. It seems i-mate's remaining employees in Dubai Internet City were told yesterday that they had to take an unpaid two-month leave. That, apparently, was a typo, as the people were actually supposed to take an
indefinite unpaid leave. Oops. The company has already been delisted from stock markets around the world, and this abrupt closing has left a number of retailers hanging as orders for the
810F are apparently still pending. Now they, just like our hopes of a
Dirty Dancing sequel, will never be fulfilled.
