Kodak Discontinue Desktop Printer Business

  • · 8305 Views 
  • · Posted 69 months Ago
  •  BY Jack Lowe

In an effort to streamline their operations and cut overheads, Kodak have officially announced that they will be discontinuing their decade long desktop-printer business. The move will initially cost the company $90 million USD due to staff redundancies and the loss of assets, but if all things go to plan the company will emerge from bankruptcy sometime next year by selling printing equipment and services to large companies instead.

www.kodak.com

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