Kodak cutting up to 4,500 jobs
Eastman Kodak Co. said Thursday it is cutting 3,500 to 4,500 jobs, or 14 percent to 18 percent of its work force, as it posted a $137 million fourth-quarter loss on plunging sales of both digital and film-based photography products.
Sony Pictures, as expected, today told employees that it is cutting about 350 jobs at the company, both through layoffs and leaving open positions unfilled.