Kodak to cut an extra 3,000 jobs
Struggling camera company Eastman Kodak is to cut at least 3,000 extra jobs this year as it continues efforts to fully adapt to the digital age.
Confirming that its four years of restructuring work will finish by the end of 2007, it said it would now axe between 28,000 and 30,000 positions. The firm had previously targeted cutting 25,000 to 27,000 global jobs. Kodak, which recently made its first quarterly profit in two years, has so far reduced staff numbers by 23,300.
See "Kodak to cut an extra 3,000 jobs", BBC News, BBC News Online, February 7, 2007