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 shed almost 900 jobs in Europe to concentrate on the digital market and cut costs as demand for traditional film products declines.
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Commerzbank, the fourth-biggest German bank, said it was axing 900 jobs in a revamping of its investment banking operations and posted a third-quarter net loss despite expectations for a profit.
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Eastman Kodak Co.  said on  Thursday it has developed digital camera technology that nearly  eliminates the need for flash photography, part of the  company&#39;s effort to make money from its deep patent portfolio.
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Photographic equipment manufacturer Kodak said it was axing 600 jobs in the UK and closing a factory in Nottingham. The group plans to shut its photo film finishing plant at Annesley with the loss of 350 jobs.
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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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Office Depot Inc. plans to cut 900 jobs as it consolidates operations at eight call centers and offices in six states. In a filing with the Securities and Exchange Commission, Office Depot - the nation&#39;s second
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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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Photography company Eastman Kodak Co. (EK.N: Quote, Profile, Research) on Wednesday raised its growth forecast on digital products and services, such as cameras and medical imaging, key
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Photographic equipment manufacturer Kodak has blamed the rise of digital photography for 600 job losses and a factory closure. Kodak said declining demand for traditional camera film had forced it to close
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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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Photography equipment maker Kodak says it is to cut 600 jobs in the UK and close its factory in Nottinghamshire.
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Eastman Kodak Co. and Lexar Media Inc. have expanded digital media card offerings with new Kodak picture cards. Lexar will distribute and market Kodak xD-Picture Cards through both companiesâ global retail
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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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Eastman Kodak EK.N said on Monday 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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Eastman Kodak Co. EK.N 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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Eastman Kodak Co., the world's top maker of photographic film, on Wednesday posted a quarterly profit as lower costs and strength in its kiosk business helped overcome a 25 percent drop in sales of digital cameras and accessories.
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LONDON (CBS.MW) -- Eastman Kodak said Tuesday it will cut 870 jobs at its manufacturing sites in the UK and France due to the &quot;increasing popularity of digital photography&quot; and the corresponding decline in traditional film photography.