Kodak announced first-quarter losses of $151 million.
So:
1. Kodak sold its health-care unit to Canadian outfit Onex for $2.35 billion.
2. It is also in the midst of a massive series of layoffs expected to total more than 20,000 as sales of its staple photographic film shrivel
Sticking to the knitting is fine.
But why wait until an axe is required on staff?
Why not a continuous rejuvenating scalpel?
[Click here for full story at: BUSINESSWEEK.COM]
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