Kodak
has today announced it is restructuring its business in an attempt to
boost profits. Kodak will be creating three new groups: Photography (traditional
and digital), Commercial Imaging (scanning, processing etc.) and Components
(display and image sensor products). Kodak have not said if the new restructuring
will involve further job cuts. "This is not about (job cuts),'' a
Kodak spokesman said of the restructuring. "This is stepping aside
from anything to do with job cuts. This is strictly about how Kodak does
business. It is about making this organization simpler by eliminating
layers of shared responsibility that now exist.''
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Kodak
has today announced it is restructuring its business in an attempt to
boost profits. Kodak will be creating three new groups: Photography (traditional
and digital), Commercial Imaging (scanning, processing etc.) and Components
(display and image sensor products). Kodak have not said if the new restructuring
will involve further job cuts. "This is not about (job cuts),'' a
Kodak spokesman said of the restructuring. "This is stepping aside
from anything to do with job cuts. This is strictly about how Kodak does
business. It is about making this organization simpler by eliminating
layers of shared responsibility that now exist.''