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Kodak | Layoffs Start Today while Seeking to Cut Benefits for 16,000 Retirees

Ninety-one Kodak employees will be laid off as part of the company’s decision to no longer make digital cameras for consumers.

via Layoffs at Kodak start today – Henrietta, NY – Henrietta Post.

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Eastman Kodak, the troubled camera maker that recently filed for bankruptcy, is considering a move that will cut health benefits for some 16,000 retirees.

If approved, the changes would go into affect May 1 and save the company about $13.7 million this year and about $20.5 million the following year, according to a court filing from Monday…

via Kodak Seeking to Cut Benefits for 16,000 Retirees | Fox Business.

Discussion

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