Kodak cutting 900 jobs overseas
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Kodak Versamark&#39;s parent company, Eastman Kodak Co., reported Tuesday it plans to eliminate almost 900 jobs this year in a restructuring of its overseas operations.
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Circuit City has a 6.2-megapixel Kodak camera and matching photo printer/dock for $129.99. Shipping is free, though you'll probably have to pay sales tax.
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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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Eastman Kodak Co. EK.N, the world's  top maker of photographic film, on Wednesday said its third  quarter profit rose, boosted by discontinued operations. Sales  were boosted by the weaker dollar and its key growth area of  digital photography.  Rochester, New York-based Kodak, which one year ago announced a  dramatic strategy shift toward digital cameras and printing and  away from film, posted net income of $479 million, or $1.67 a  share, including $1.51 from discontinued operations. A year  earlier its profit was $122 million, or 42 cents a share.     Multimedia versions of Reuters Top News are now available for:   * 3000 Xtra    : visit http://topnews.session.rservices.com  *  BridgeStation: view story .134  For more information on Top  News, visit  http://topnews.reuters.com
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The United States will lose more than 400,000 jobs this year to Mexico, China, India and other Asian nations as multinational corporations restructure operations and shift production overseas, a study showed.
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Eastman  Kodak Co. announced on  Tuesday that it would restructure several plants based in  Britain and France, resulting in the loss of hundreds of jobs  by 2005.
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Eastman Kodak Co. EK.N on Wednesday  posted a fourth-quarter loss on restructuring costs,  but  strong sales of digital photography products showed its  strategy shift is taking root.
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Eastman Kodak, tens of thousands of jobs lighter than it was three years ago, is struggling for a toehold in a competitive digital world.
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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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The British Broadcasting Corporation on Tuesday said it would cut about 2,900 jobs, more than 10 per cent of its workforce, as a part of &quot;transformation&quot; of the world&#39;s biggest public broadcaster, aimed at saving 320 million pounds a year.
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Chip vendor LSIÂ has warned investors of a revenue shortfall and said it would eliminate 900 jobs andÂ sell off its consumer products businessÂ as part of a plan to cut costs following its AprilÂ merger with Agere.
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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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The digital camera market has turned into a dead heat, with Kodak virtually tied for the top spot with perennial sales leader Sony, according to an IDC report.
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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 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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EarthLink Inc said on Tuesday it will  cut about 900 jobs, or nearly half its staff, as part of a  restructuring to reduce costs at the Internet service provider.
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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.