Kodak cuts more jobs

By Allie Coyne on Sep 11, 2012 6:59 AM
Filed under Hardware

Even more planned for next year.

Bankrupt Eastman Kodak Company said it will cut an additional 1000 jobs by the end of 2012, and is looking at further cuts.

The company said it expects to save about $US330 million from the new job cuts.

The company said it has already reduced its workforce by about 2700 employees worldwide since the beginning of 2012.

Kodak went bankrupt in January, unable to adapt to the shift to digital imaging

Kodak has been attempting to use its extensive patents to recoup some cash, firing off lawsuits against the likes of Apple, Samsung and HTC.

It lost its fight against Apple and co-defendant RIM in July when a judge ruled neither party had violated Kodak's rights. Kodak claimed Apple had been attempting to delay the sale of its large patent portfolio by wrongly claiming ownership of 10 image-preview patents created in partnership with Kodak in the early 1990s.

Kodak has said it will appeal the decision.

It is also embroiled in another case against Apple and HTC over its digital imaging patents. That case began in February and is still underway.

 
Follow us on Facebook and Twitter
 

Kodak cuts more jobs
 
 
 
 
 
Top Stories
Dicker Data pulling in $100 million a month
Beats sales projections in first quarter.
 
Evernote finds new allies in Aussie business push
Certifies first Australian consultants as local users reach 2 million.
 
Adelaide ISV rebrands after cracking $2m
Meet the new Adelaide Interim.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Polls
What would help your business most?


Latest Comments
CRN Magazine

Issue: 332 | October 2014

CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.