i was beginning to wonder when someone would notice. i saw the articles in
the news feeds when i got to work at 8:30 this morning. the first ones came
out at just before 7AM EDT.
Herb....
----- Original Message -----
From: "Rick Womer" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Wednesday, July 20, 2005 2:03 PM
Subject: Kodak loses more money, cuts more jobs
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.
