[Leica] Kodak lays off 2000

[phongdoan at mindspring.com (Phong)]

Bloomberg also reports that Kodak will stop making digital cameras:

"Kodak also said it will stop making digital cameras and signed a contract 
with Singapore-based Flextronics International Ltd. to take over production."


http://www.bloomberg.com/apps/news?pid=20601103&sid=a8XqSX53mT3M&refer=us

- Phong


-----Original Message-----
>From: "B.D. Colen" <bd_colen@harvard.edu>
>Sent: Aug 1, 2006 11:44 AM
>To: Leica Users Group <lug@leica-users.org>
>Subject: [Leica] Kodak lays off 2000
>
>And in the Wash Post story...
>"A photographic film icon during much of the 20th century, Kodak has
>struggled to turn profits even while becoming a major player in recent years
>in the digital arena.
>
>Its overall digital sales in the quarter rose 6 percent to $1.83 billion,
>while revenues from film, paper and other traditional, chemical-based
>businesses slumped 22 percent to $1.52 billion.
>
>Profits from its digital businesses totaled $4 million, compared with a $25
>million loss in last year's second quarter. In 2005, for the first time,
>Kodak generated more annual sales from digital imaging than from film-based
>photography and earned $161 million in digital profits."