I think Kodak is going the way of HP. No longer a manufacturing concern but rather
a marketing company. They do not, I think, actually manufacture all those DP&S
cameras they sell. Manufacturing requires lost of employees. Marketing no so many.
Just another Ivy League MBA run company offshoring jobs to China. At this point
they can go belly up for all I care. I imagine George would feel the same.
graywolf
http://www.graywolfphoto.com
"Idiot Proof" <==> "Expert Proof"
-----------------------------------
Rick Womer wrote:
From the on-line NY Times this afternoon:
http://www.nytimes.com/2005/07/20/business/businessspecial3/20cnd-kodak.html?adxnnl=1&adxnnlx=1121881974-OezJPBSOvzKSoebdCYrxPg
or http://tinyurl.com/9uq5m
In a nutshell, Kodak says its film-and-paper business
is shrivelling much faster than expected, so it is
cutting 10,000 jobs in addition to the 15,000 it cut
beginning in 2004.
The company had about 54,000 employees at the
beginning of the year. When I was in school in
Rochester in the 1970's, Kodak had 60,000 employees in
Rochester alone. That is one hurtin' town.
Rick
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