${log.root}/lowem.log
Inflation, Investing and Everything


All | Musings | Tech | Java | Biz | Energy | Env

AddThis Feed Button
20050721 Thursday July 21, 2005

Kodak to cut another 10000 jobs

dpreview.com -> altustimes.com, boston.com, washingtonpost.com

Eastman Kodak Co. said Wednesday it is cutting as many as 10,000 more jobs as the company that turned picture-taking into a hobby for the masses navigates a tough transition from film to digital photography. The lightning transition to a world without film is forcing an extreme makeover at the world's biggest maker of the product and coincided with the disclosure of a second-quarter loss ...

On top of 12,000 to 15,000 layoffs targeted 18 months ago, Kodak is reducing its payroll by almost a quarter from where it stood in 2004, when a string of recent acquisitions is taken into account ... Kodak plans to make as many 25,000 job cuts by the middle of 2007 and trim its traditional manufacturing assets to about $1 billion, down from $2.9 billion in January 2004.

- and the people who held these jobs are going to go where??

See also :

1. HP to slash 15000 jobs
2. Sanyo to cut over 14000 jobs

(2005-07-21 20:26:15 SGT) [Biz] Permalink

Comments:

Post a Comment:

Comments are closed for this entry.




Most popular blog postings on lowem.log :

1. Singapore SIBOR interest rates fall to 1.5%, lowest since Dec 2004
2. Singapore SIBOR rate falls to 1.31%, lowest since Nov 2004
3. Live spot gold price quotes chart on COMEX
4. Fuel prices seen stoking Malaysia inflation in 2008
5. 2010 Honda Civic Hybrid preliminary specifications released
6. Singapore SIBOR rate fell to 1.25% in Apr 2008, lowest since Aug 2004
7. Malaysia inflation rate jumps to 7.7% in Jun 2008, a 26-year record high
8. Singapore : electricity tariffs to increase April 2008 on rising oil prices

Featured articles on lowem.log :

1. ABC Guide to Beating Inflation in Singapore and Elsewhere
2. Singapore inflation rate hits new 26-year high of 7.5% in Apr 2008
3. Singapore : Bread price inflation continues
4. 2010 Honda Civic Hybrid preliminary specifications released
5. Peakoiler buys 2008 Honda Civic Hybrid FD3
6. How to insert currency exchange rates into Google Spreadsheets
7. Singapore SIBOR rate falls to 0.94% in Nov 2008, lowest since Jul 2004
8. Singapore : Inflation erodes away bank savings





archives
search
sponsored links





bookmarks

about
my profile
contact me

personal
biow
ken
wenn

sites
photo gallery
wiki

blogroll
reviewem
sgenergycrisis
theenergycollective

forums
goldclubasia.com
peakoil.com


navigation
decals

Click for Singapore, Singapore Forecast





rss feed for lowem.log

Get Firefox!

powered by
hosted by