5 October 2004 – Rochester (NY): Eastman Kodak is to shed 870 jobs at its manufacturing sites in England and France.
The move is part of a three-year restructuring plan to reposition the company in a market that has moved away from traditional photographic products towards digital photography.
Kodak SVP Daniel Meek said: "These are very difficult actions because they impact Kodak people who have for decades demonstrated great skill and an unwavering commitment to serve our customers with quality products, but they are required in light of declining overall demand for traditional photographic products."
