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Kodak Releases Details About Restructuring

Updated: Wednesday, July 10 2013, 10:31 PM EDT
Rochester, N.Y. -- In a lender presentation on its website Monday, Eastman Kodak alluded to job cuts in Rochester.

That presentation outlines $100 million in corporate cost reductions, including the elimination of all non-essential advertising and marketing. Non-core corporate research andengineering are also being eliminated.

On Monday, Kodak also named James Mesterharm as the new Chief Restructuring Officer. He will oversee turnaround efforts. 

To view the lender presentation, click here.Kodak Releases Details About Restructuring


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