TECHNOLOGY - Jan. 20, 1993
From Times Staff and Wire Reports
Kodak to Lay Off 2,000: Eastman Kodak Co. will lay off about 2,000 workers in a move that, combined with other measures, is expected to save the company more than $200 million in 1993. Most of the layoffs will come at the company’s Rochester, N.Y., operations. Kodak said it will also reduce spending on research and development, cut administrative expenses and consolidate equipment manufacturing operations at several sites. The company employed about 133,200 people worldwide at the end of 1991, with 39,600 of them in Rochester.
