Journal: Consumer End Industry Woes

Eastman Kodak Company just announced 4500 to 6000 cuts by the end of the year in "administrative, staff, research and development, and consumer imaging." They need to reduce their budget by 300 million in order to keep doing business. This is the seventh quarter out of ten that Kodak has done some sort of layoff. Yet Dan Carp (CEO) continues to make 7.6 million a year. Notice also that Antonio Perez has an unreported salary (he is new to this pos