J Schwind wrote:
> Group,
> Kodak is planning to lay off 23000 workers and close manufacturing
> facilities and dispose of surplus equipment and close down weak product
> lines. The direction will be digital.
> Any rumors on how this will affect Super 8 or Kodachrome 40?
> John S.
Hey John:
I think your numbers are a little off. Kodak said that it plans to
lay off
15,000 workers over the next three years. It is most likely that they
will be
in areas responsible for the construction of APS and disposable cameras
and
such. From what I've heard recently, Super 8 is GROWING. Yes, I know its
hard
to believe, but Super 8 is making a big comeback due in part to eBay and
the
internet and great websites such as this one. Anyways, I also heard that
Kodak
plans on shifting some of its production to China. This is very
disappointing,
but completely in line with the path that many other American companies
have
taken. Moovie film in general looks to be in a much better position than
still
film and medical film, both of which have been becoming increasingly
digitized
at an astonishing rate.
Reg
>> Stay informed about: Kodak restructuring.