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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-05 07:10 AM
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10. Eastman Kodak to cut 900 jobs
Edited on Thu Aug-25-05 07:21 AM by UpInArms
http://www.marketwatch.com/news/newsfinder/pulseone.asp...

NEW YORK (MarketWatch) -- Eastman Kodak (EK) said Thursday it would cut about 900 jobs as the result of shuttering some facilities and expects to take charges worth $153 million. About half the job cuts will take place in Rochester, N.Y., where Kodak is based. "These actions are regrettable because they impact our Kodak people whose performance has been outstanding, but they are necessary in light of the accelerated declines in consumer film and paper," said Daniel Meek, director of Global Manufacturing & Logistics, in a statement.

8:05am 08/25/05 KODAK TO CLOSE SECOND ROCHESTER OPERATION BY YEAR END

8:05am 08/25/05 KODAK TO REDUCE CAPACITY AT CHINA PLANT

8:04am 08/25/05 EASTMAN KODAK TO CONSOLIDATE GLOBAL MANUFACTURING OPS

8:04am 08/25/05 STANDEX Q4 NET INCOME 50C VS LOSS 6C

8:05am 08/25/05 KODAK TO CLOSE ONE OPERATION IN ROCHESTER BY END OCT

(added link and blurb)
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