10,000 more jobs out of picture as Kodak refocuses

Eastman Kodak Co., an icon of photography for more than a century, said Wednesday that it is shedding as many as 10,000 more jobs, as digital imaging devours its traditional film business at a faster-than-expected pace.

"Our disappointing start in the first half of this year makes it clear that I need to make some changes and make them now," said Chief Executive Antonio Perez.

Source: Chicago Tribune


Posted: Thu - July 21, 2005 at 08:40 AM