Kodak to Lay Off 61 More Workers at Its Lake Avenue Plant


According to a New York Department of Labor announcement, Kodak is about to lay off 61 more workers at its Lake Avenue plant in Rochester, NY. The document states that the workers being laid off are working in the “Photographic equipment and Supplies” department–whatever that means precisely. But we do know that Kodak sold their film division a while ago, so these 61 workers may be the remainder of that. The document also states that the layoff is scheduled for August 28th.

Since declaring Chapter 11 bankruptcy back in 2011, Kodak has subsequently sold off almost all of its former subdivisions in an attempt to restructure and specialize in commercial printing solutions. The imminent layoff of 61 more workers is another step towards becoming financially stable again and exiting bankruptcy–at the cost of the individual employee. For a resumé of Kodak’s struggles until earlier this year, please refer to this post.

In the meantime, you can still buy Kodak films at B&H Photo.

Via Your News Now