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Kodak to Cut 10,000 Jobs


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Kodak Shedding Up to 10,000 More Jobs

ROCHESTER, N.Y. - 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.

http://news.yahoo.com/s/ap/earns_eastman_k...HBhBHNlYwM5NjQ-

Gut the workforce, raise the stock price! :reallymad:

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