Closure of Kodak's Ontario operation results in 360 job losses
Dec 13, 2004 at 12:45:00 GMT
The Globe and Mail has reported that Kodak Canada is to close its Ontario manufacturing operation resulting in a loss of 360 jobs by the middle of next year. Kodak Canada president Michael Ducey said: "Kodak Canada remains committed to the Canadian market and will continue to offer the full array of leading traditional and digital imaging products and services." As with other closures around the world, employees are expected to receive severance packages and access to counseling support services. The decision to close the Toronto plant is part of Kodak's aim to reduce employment by 12,000-15,000 and facilities by a third.