Kodak to Shed 900 Jobs, Reorganize European Business
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Eastman Kodak Co., the world&#39;s biggest photographic company, said it will cut almost 900 jobs as it reorganizes its European business to concentrate on the digital market as demand for traditional film wanes.
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Eastman Kodak Co.  said Wednesday it will close three photofinishing labs in Spain and Norway and downsize another in Switzerland, the latest steps in its plan to cut investment in traditional film products.
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CABLE &amp; Wireless has unveiled another round of job cuts, with the announcement that it plans to reduce its head count in the UK and Continental Europe by 600.
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Eastman Kodak Co.  is introducing a line of desktop printers and low cost replacement inks on Tuesday, as the photography company takes on a market dominated by Hewlett-Packard .
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Eastman Kodak Co. EK.N on Wednesday  raised its growth forecast on digital products and services,  the areas the photography company is depending on to offset a  rapid decline in its traditional film business.
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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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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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Eastman Kodak EK.N on Monday said it  agreed to buy printing technology firm Creo Inc. CRE.TO for  about $980 million to bolster its strategy to push more  aggressively into the commercial printing business.
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Office Depot Inc. will cut 900 jobs after the company closes and consolidates its call centers and account management operations. The US Securities and Exchange Commission and The Delray Beach, Fla.
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NEW YORK, September 16 (New Ratings) - International Business Machines Corporation (IBM.NYS) and Eastman Kodak Company (EK) have agreed to jointly develop and manufacture image sensors for mass-market consumer products, such as digital still cameras and
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Japan&#39;s Fujifilm Holdings Corp said on  Wednesday it plans to shift its remaining digital camera  production to China and cut an unspecified number of jobs as it  restructures its struggling camera operations.
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Eastman Kodak EK.N on Monday said it  would buy printing technology firm Creo Inc. CREO.O CRE.TO  for about $980 million in cash to bolster its strategy to push  more aggressively into commercial printing.
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The San Diego-based maker of data storage products said in a statement that it plans to cut 145 regular and temporary personnel worldwide, and will incur restructuring charges of between $5 million and $7 million.
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The New York Times Co will eliminate 100 newsroom jobs, the company confirmed on Thursday, as it girds for a weaker economy and an overall decline in print advertising and circulation revenue.
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Eastman Kodak Co.  said on Thursday it expected to complete a three-year restructuring program by the end of 2007 that will help it sustain profitability.
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Eastman Kodak Company (NYSE: EK) announced today that its 2007 Annual  Meeting of Shareholders will take place on Wednesday, May 9, 2007. The  meeting will begin at 10 a.m. Pacific time (1 p.m. Eastern time) at the  Morris J.
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Kodak said the reductions are because of the increasing popularity of digital photography. The cutbacks are part of the three-year program Kodak announced in January to reduce its