This Week
  • CEO Eric Bieber M.D. must meld two systems, transition to new model.

  • President Kevin Bragg has built a career with Chrisanntha Construction Corp.

  • Planning can help reduce conflict when the time comes to end a business partnership.

  • Viewpoint Systems has been known to keep a close eye on its customers.

  • Twenty-year-old Jaquan Outlaw is off to a fast start.

  • A recent visit to Ho Chi Minh City in Vietnam was an eye-opener for RIT students.

Kodak employment continues to shrink

Rochester Business Journal
March 20, 2014

Eastman Kodak Co.’s local workforce dropped to 2,300 employees in 2013, down from 3,429 a year ago. The decrease included workers that transferred to companies that obtained Kodak businesses, including Kodak Alaris.

The company detailed its year-end 2013 employment Wednesday when it reported its year-end financial results. The company reported 8,800 worldwide workers, but that will shrink by 800 non-U.S. employees slated to be transferred in 2014 to Kodak Alaris. The company has 3,600 U.S. workers.

The 33 percent drop puts the region's longtime top employer at No. 12, according to the Rochester Business Journal's most recent list of private-sector employers. Kodak's local employment peaked at 60,400 in 1982. It lost its status as the region's top private-sector employer in the middle of the last decade.

Kodak  reported a net loss of $63 million in the fourth quarter, down from $402 million a year ago. The report released Wednesday after the market closed reflects the first full quarter of results since the company emerged Sept. 3 from Chapter 11 bankruptcy. See the story on the year-end results here.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

brad jones at 9:17:52 AM on 3/20/2014
Kodak says they still have 2400 employees here?

Then why are the parking lots at Kodak Office empty?

Must be that all those eco-friendly digitals are walking to work (from Pittsford).

FYI, nothing that Kodak will ever do is newsworthy.

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google