Wednesday, 12 September 2012

Eastman Kodak to cut 1,000 more jobs

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The company, which invented the digital camera but had trouble adjusting to the digital age, has already reduced its workforce by about 2,700 worldwide since the beginning of 2012. Kodak also said Chief Operating Officer Philip Faraci and Chief Financial Officer Antoinette McCorvey will leave the company, which filed for bankruptcy protection in January. 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