Saturday, September 29, 2012

Kodak to cut 200 more jobs

http://www.sfgate.com/business/article/Kodak-plans-to-end-consumer-inkjet-printer-sales-3902147.php

Kodak said Friday that it plans to stop selling consumer inkjet printers and will eliminate 200 more jobs than previously projected as it requested more time to submit its framework for emerging from bankruptcy protection.

The Rochester, N.Y.-based company, which filed for bankruptcy protection in January, wants the court to extend the exclusivity period for the filing of its plan until Feb. 28. After the exclusivity period expires, creditors may file competing plans.

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