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Kodak

Eastman Kodak is kicking off a new round of layoffs: 91 jobs will soon be cut.

But a much bigger dip in Kodak's local job numbers is coming as the result of a new accounting practice.

This time last year, Kodak reported a Rochester-area workforce of 7,100 people. Turns out that number should've been 5,900.

That 1,200 person drop is the result of a new classification system that excludes non-local employees who report to Rochester-based supervisors.

Eastman Kodak Company plans to end health care benefits for many retirees as a cost-cutting measure in its reorganization under Chapter 11 bankruptcy protection.

Kodak retirees were notified of the company’s plans in a letter from Kodak Monday. As part of the bankruptcy, Kodak has to get permission from the court to take the action.

WXXI Innovation Trail report Zack Seward has an extensive wrap up of the motion.

A co-inventor of digital photography whose pioneering work began 36 years ago at Eastman Kodak says he's proud of what he and his colleagues accomplished--even if Kodak was never able to take full advantage of it the way it once dominated chemically based photography.

Steve Sasson, who is now retired from Kodak, says in general he's happy to see the way digital picture-taking has blossomed.

Click on the audio player above to listen to a portion of the interview with WXXI’s Bob Smith on 1370 Connection on Thursday, February 16.

A bankruptcy judge has approved Kodak's request to remove its name from the theater that hosts the Oscars.

At Wednesday's bankruptcy hearing in New York City, lawyers for Kodak scored TWO key victories.

Judge Allan Gropper approved a 950 million dollar financing deal with Citigroup and also gave Kodak permission to cut bait on a sponsorship deal that would've cost the company $38 million.

Kodak signed a 20-year naming rights agreement with the Hollywood theater in 2000.

Kodak to Stop Making Cameras

Feb 9, 2012

Eastman Kodak is getting out of the camera business.

The company announced Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames.

As part of its bankruptcy filing last month Kodak said it would concentrate on area it believes can lead to profitability. The phase out the of the digital camera & frame product lines in the first half of this year is part of the plan.

Sharing Kodak Stories

Jan 31, 2012

The Innovation Trail went to the Rochester Public Market last weekend - just days after Kodak filed for bankruptcy protection - to hear from you.

With all that's been written about the demise of Kodak, we wanted to capture the human side of the equation - in a city where Kodak still matters.

Why? Because for many thousands of Rochesterians Kodak is more than just a company.

Made In The USA: Saving The American Brand

Jan 31, 2012

A majestic building still dominates the skyline of Rochester, N.Y., the word "Kodak" shining brightly from the top. It's the legacy of George Eastman — the founder of the Eastman Kodak Co. — a company that helped Rochester thrive and gave it the nickname "Kodak Town."

In 1976, Kodak sold 90 percent of the film around the world. The company basically invented digital photography, but it couldn't figure out how to make the transition from film quickly enough to out-compete its Asian rivals. Of the 20 best-selling digital cameras in the U.S., not a single one is from Kodak.

WXXI-TV Special: Kodak's New Chapter

Jan 22, 2012

WXXI's Need to Know Rochester presents "Kodak's New Chapter" - an hour-long live television special featuring stories about the Eastman Kodak Company's past, present and future.

Hosted by Julie Philipp, the program features special reports from Zack Seward of the Innovation Trail and WXXI News' Helene Biandudi, plus local reaction to the announcement, analysis of what's next for the company and for Rochester, and a tribute to the Kodak Colorama.

The special aired live on WXXI-TV Thursday, January 19 - the same day Kodak made its bankruptcy announcement.

Learning Lessons about Life After Kodak

Jan 20, 2012

With Kodak embarking on a restructuring effort under Chapter 11 bankruptcy protection, the future of the imaging icon remains unclear.

But one aspect of Kodak's legacy is already deeply imprinted onto the Rochester community.

Even as Rochester's most famous company struggled mightily to reinvent itself, the Rochester region steadily fought back - leading the state in job growth in recent years and outpacing its upstate peers in economic vitality.

One key reason: A long history of top-notch human capital flung into the community - willingly or not - as Kodak's fortunes withered.

PBS NewsHour Turns to WXXI for Kodak Coverage

Jan 20, 2012

PBS NewsHour's national broadcast Thursday included an interview with WXXI News Director Julie Philipp about Kodak's bankruptcy filing.

NewsHour's Hari Sreenavasan spoke with Julie about the bankruptcy, what led up to it and how Kodak arrived at this place in its history.

They also discussed the unique relationship Kodak had with Rochester and how the company cared for its employees like no other.

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