Search
Menu
PI Physik Instrumente - Revolution In Photonics Align ROSLB 3/24

Kodak Loses $282M, Will Cut 2000 More Jobs

Facebook X LinkedIn Email
ROCHESTER, N.Y., Aug. 1, 2006 -- In the wake of a wider second-quarter loss of $282 million -- its seventh quarterly loss in a row as it continues a rough transition from film to digital photography -- Eastman Kodak Co. said today it will cut an additional 2000 jobs and outsource the making of its digital cameras to a company in Singapore. Kodak said the $282 million loss, or 98 cents a share, which widened from $155 million for the second quarter of 2005, is attributable to rising silver costs and the continued expense of its restructuring and digital transition. "We are coming into the final stages of our digital...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: August 2006
    Glossary
    digital
    Denoting the use of binary notation; i.e., the representation of data by bits (1 or 0).
    camerasCommunicationscutsdigitalfilmFlextronicjobsKodaklossNews & Featuresquarter

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.