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Kodak to trim 10,000 more jobs

July 20, 2005

Associated Press: Just 18 months after a restructuring that would eliminate 12,000 to 15,000 positions, Kodak has announced that an additional 10,000 jobs are in jeopardy. This comes on the heels of the company's disclosure of a third consecutive quarterly loss. "Our disappointing start in the first half of the year makes it clear that I need to make changes and make them now," Kodak's new chief executive, Antonio Perez, told analysts.

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