kodak files for Chapter 11

[Shockwave179]

@bing

how many people in rochester will be affected by this?

we should have a business section for this stuff… lots in interesting dialogue could be had. BED could post too.

A pretty decent bit between layoffs of current workers and no health insurance anymore for retirees.

Their CEO is a douchebag, guy lives a couple streets over from me. Talk about failed leadership and reaping the benefits…

http://binged.it/As88P1

Edit: lawl I just checked some stuff, dude pays 61K a year in property taxes.

[L8APEX1]

@JayS

And where are they going to concentrate their efforts now that they have chapter 11 protections from debt? Printers. Yeah, those things that take your digital stuff and put it on that most analog of mediums… paper. In a society that is pushing more and more toward being paperless. :ham:

Kodaks big ticket in the printing market (plates and processing) is quickly being rivaled by Agfa and Fuji.