Kodak down again

Here in Rochester Kodak use to be the largest employer here. In the 1960's they had 60'000 employees. if you worked there you had a good firm job. As of today they are laying off 1'300 more. That brings them down to just over 5,000 jobs.
Is that sick or what. all these HUGE plants standing still. They are demolishing some of them. SAD
:(
What is this word comeing to! :cry:

They have gone from the top employer to the bottom............
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I saw that on the news last night... not good!
OES Mommy wrote:
Here in Rochester Kodak use to be the largest employer here. In the 1960's they had 60'000 employees. if you worked there you had a good firm job. As of today they are laying off 1'300 more. That brings them down to just over 5,000 jobs.
Is that sick or what. all these HUGE plants standing still. They are demolishing some of them. SAD
:(
What is this word comeing to! :cry:

They have gone from the top employer to the bottom............


I would guess if we're talking about Kodak, the film company, their decline has a lot to do with the fact that no one really uses film anymore, so there goes most of their usefulness. Even though they're attempting a shift to more digital stuff, it can't make up the need for employees (and profits) that it used to get from film.

It's sad but as needs change with the times, so do the needs for those companies.
ButtersStotch wrote:
OES Mommy wrote:
Here in Rochester Kodak use to be the largest employer here. In the 1960's they had 60'000 employees. if you worked there you had a good firm job. As of today they are laying off 1'300 more. That brings them down to just over 5,000 jobs.
Is that sick or what. all these HUGE plants standing still. They are demolishing some of them. SAD
:(
What is this word comeing to! :cry:

They have gone from the top employer to the bottom............


I would guess if we're talking about Kodak, the film company, their decline has a lot to do with the fact that no one really uses film anymore, so there goes most of their usefulness. Even though they're attempting a shift to more digital stuff, it can't make up the need for employees (and profits) that it used to get from film.

It's sad but as needs change with the times, so do the needs for those companies.


and US companies apparently do not learn that lesson.

GM, FORD, Chrysler and Kodak are just a few of them.
ButtersStotch wrote:
OES Mommy wrote:
Here in Rochester Kodak use to be the largest employer here. In the 1960's they had 60'000 employees. if you worked there you had a good firm job. As of today they are laying off 1'300 more. That brings them down to just over 5,000 jobs.
Is that sick or what. all these HUGE plants standing still. They are demolishing some of them. SAD
:(
What is this word comeing to! :cry:

They have gone from the top employer to the bottom............


I would guess if we're talking about Kodak, the film company, their decline has a lot to do with the fact that no one really uses film anymore, so there goes most of their usefulness. Even though they're attempting a shift to more digital stuff, it can't make up the need for employees (and profits) that it used to get from film.

It's sad but as needs change with the times, so do the needs for those companies.


That's what I was thinking too, but I didn't want to be the one to say it.
I spent my college years in Rochester. Kodak's problem was their former management team thought the digital age was a farce. They completely disregarding it, focusing on the APS format. They thought the Japanese camera makers would fail chasing the "digital age".

Unfortunately, here we are completely entrenched in the digital age for everything under the sun. Kodak's management miscalculations have driven the Company into the ground, and as a result has helped drive the Rochester area economy into a shell of it's former self.

The struggles of Xerox and Bausch and Lomb have not helped either.
My brother graduated from Kodak Institute in Rochester, NY back in the 70's. He's had a career in the graphic arts field his entire life although it has now changed to digital & very computerized. His employers have always had to keep ahead of the times or their business would fall to the wayside.
I went to RIT (in the 90's) and practically the whole campus was funded by either Xerox, Kodak, or Bausch and Lomb. It's sad that those companies all fell into the "too little too late" categories where technology is concerned, and the employees and their families are going to take the brunt of it.
The city was pretty scary when I lived there, I would hate to see it decline further with all these people unemployed.
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