*NEWS*KODAK TO CUT 12,000+ JOBS BY 2007

2004-01-22T09:58:00-05:00

Headline: Kodak jobs cull22 January 2004 – Rochester (NY): Kodak will slash around 20% of its workforce by 2006 as part of its shift to a digital imaging Key Strategy. The firm will take charges of between $1.3 billion and $1.7 billion as it dispenses with 12,000 to 15,000 jobs. The action is expected to produce annual cost savings of $800 million to $1 billion by 2007.

Tonernews.com, January 22, 2004. USA

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Headline: Kodak jobs cull

22 January 2004 – Rochester (NY): Kodak will slash around 20% of its workforce by 2006 as part of its shift to a digital imaging Key Strategy.

The firm will take charges of between $1.3 billion and $1.7 billion as it dispenses with 12,000 to 15,000 jobs.

The action is expected to produce annual cost savings of $800 million to $1 billion by 2007.
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January 22, 2004 at 9:58 AM

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