Kodak Laying Off 1,000 As Part Of Restructuring
As part of a massive restructure, Eastman Kodak is laying off 1,000 additional workers by the end of 2012. Kodak may have to extend those job losses before the end of the year to remain in business. About 30 years ago Kodak was employing around 145,000 employees and now that number has fallen to around 14,700. Kodak CFO Antoinette McCorvey and Kodak COO Philip Faraci recently exited the company. Kodak president Antonio Perez said: