Eastman Kodak axes 870 jobs in Britain, France
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Eastman Kodak said it would axe 870 job cuts across Britain and France as part of a global cull blamed on the increasing popularity of digital photography.
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Kodak enjoys a rise in profits thanks to strong sales of digital cameras but its traditional film business continues to struggle.
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ROCHESTER  â The Eastman Kodak Company, the maker of photography products, reported on Wednesday a fourth-quarter profit of $215 million, a big increase from a year earlier.
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Eastman Kodak Co. is shutting three photofinishing labs in Spain and Norway, shrinking a fourth lab in Switzerland and eliminating about 300 jobs as the world's biggest film manufacturer bets its future on digital photography.
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Eastman Kodak Co.  on Tuesday said Frank Sklarsky, chief financial officer of ConAgra Inc. , will take the same post at Kodak, succeeding Bob Brust, who announced early in the year his intention to retire by January 2007.
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Eastman Kodak Co.EK.N, the world's  largest maker of photographic film, will close a Coburg,  Australia, plant that makes color photographic paper at the end  of November, cutting about 600 jobs and causing a $105 million  charge.
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Photography equipment maker Kodak says it is to cut 600 jobs in the UK and close its factory in Nottinghamshire.
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NEW YORK -- Eastman Kodak Co. said Thursday it is cutting as many as 3,000 more jobs as it completes a historic, four-year transformation this fall into a digital-imaging company focused on consumer photography and commercial printing.
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The Swiss agrochemicals group Syngenta has said that it planned to cut 480 jobs, with 360 of the losses in Britain.
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Eastman Kodak Co.  said on Thursday it expected to cut up to 3,000 additional jobs and complete a three-year restructuring program by the end of 2007 that it says will help sustain profitability.
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THE photo-equipment maker Kodak yesterday announced plans to axe 600 jobs in the UK and close a factory in Nottinghamshire, in a move in line with the giantâs global restructuring strategy unveiled last January.
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NEW YORK -- Eastman Kodak Co. is cutting 3,000 more jobs this year as the picture-taking pioneer wraps up its wrenching transformation into a digital imaging company focused on consumer photography and commercial printing.
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ROCHESTER, N.Y. -- Eastman Kodak Co. posted its first quarterly profit in more than two years on Wednesday as it enters the final stretch of a tough transformation into a digital photography and commercial printing company.
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Eastman Kodak Co., the world's largest maker of photographic film, said Tuesday it will restructure manufacturing plants in Britain and France as part of the company's three-year program to reduce worldwide employment by 12,000 to 15,000 and cut total facilities square footage by one-third.
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News International, the UK newspaper arm of News Corp, says it will cut its 1,000 person production staff by two-thirds and move its London printing facilities from Wapping to Enfield.
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The French newspaper industry faces job cuts and losses as circulation figures plummet.
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Canadian train maker Bombardier cuts more than 700  UK jobs in Derby and Ilford, and a further 1,500 posts in Germany and Canada.