Quote Originally Posted by Monophoto
Posted on CNN this morning:

NEW YORK (Reuters) - Eastman Kodak Co. Wednesday said it would cut up to 10,000 more jobs than previously announced to speed its move into digital products,...
Yeah, right. Typical management doublespeak - cutting jobs to "speed things up". Reducing the labor force will NEVER speed things up - it can only slow things DOWN. If they are trying to goose their bottom line by screwing their employees they should say .... wait!! That would require integrity! Obviously that characteristic is totally absent ...
Sounds to me like a "Polaroid type" of maneuver .. to make the Officers of the company incredibly wealthy through bankruptcy.

I'll have to check my portfolio. If there is any Kodak stock in there now, there won't be by tomorrow morning.