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Kodak is a zombie.
by empath75 9y ago
Kodak is a zombie.
- syntheticnature 9y agoAs someone who grew up in the shadow of what once was the "Big Yellow Box" I cannot emphasize this enough -- Kodak has very little still going for it and has shrunk greatly. At this point it's probably worth the gamble to them, as that's how dire things are.
- TylerE 9y agoTo give a few numbers... At their peak in 1988 they employed 188,000 people, with over 60,000 of those in the Rochester, NY area. Today they employ fewer than 6,000, with only about 1300 in Rochester.
- boznz 9y ago6,000.. Wow! I seriously assumed just a couple of administrators
- matt_s 9y agoKodak is just a brand that they essentially lease out. The various CEO's all shed any businesses that resembled something profitable in attempts to, well I don't know, help shareholders. Another imaging company where Kodak has its HQ is going through a similar but slower downturn. You could say they are ... copying them (sorry). I think when a lot of the baby boomers finally retire from the workforce, office printing will drop off a cliff as far as usage goes.
- sempron64 9y agoOff topic, but I print research papers at work and always feel guilty about it because signs on the printers admonish you to think green... I can't properly read/think about papers otherwise.