Eastman Kodak moves to 2nd-quarter loss

Eastman Kodak moves to 2nd-quarter loss

There are 37 comments on the WHEC-TV Rochester, NY story from Jul 30, 2009, titled Eastman Kodak moves to 2nd-quarter loss. In it, WHEC-TV Rochester, NY reports that:

Eastman Kodak moved to a second-quarter loss as the global economic downturn hurt sales of digital cameras and other photography products.

Join the discussion below, or Read more at WHEC-TV Rochester, NY.

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Jay

Covina, CA

#21 Aug 2, 2009
Ko-da-man wrote:
<quoted text>
Several financial magazines listed Kodak as one of the top ten... Top ten companies likely to go under in 2009, that is. I saw an article about B&H Photo, in NYC. They are, as you know, the largest single photo store in the USA. They don't do much with Kodak because Kodak Professional cut them off over a technicality, decades ago, and then Fuji came in and helped them build their mega-store. Everyone dresses in Fuji Green vests.
B&H's annual sales far exceed EK's WORLDWIDE sales annually. This from a single store and internet dept. Arrogance doesn't pay.
And don't forget
Don't burn your bridges.
Never put all your eggs in one basket.
Treat others as you want to be treated yourself.

and this one is for every person that has been laid off, given some pennies on the dollar "early retirement" package, or had their hard worked for pension wages and benefits reduced to pennies on the dollar or just snatched away in typical corporate "I need to keep my 7, 8 figure salary/bonus" greed fashion...

What goes around...

LMAO
Ham Burger

Kingston, NY

#22 Aug 2, 2009
Jay wrote:
<quoted text> And don't forget
Don't burn your bridges.
Never put all your eggs in one basket.
Treat others as you want to be treated yourself.
and this one is for every person that has been laid off, given some pennies on the dollar "early retirement" package, or had their hard worked for pension wages and benefits reduced to pennies on the dollar or just snatched away in typical corporate "I need to keep my 7, 8 figure salary/bonus" greed fashion...
What goes around...
LMAO
Well put, Jay. When I was sacked, apparently, the stool-sample acting as my manager finagled the ratings numbers so that I just missed out on our Departmental annual compensation, which was about 20%. We all had sacrificed regular wages (pay at risk) all year to be eligible. I hear that his job is about to be eliminated, although he doesn't know it yet! LMAO!
ghostofGeorgeEas tman

Kingston, NY

#23 Aug 2, 2009
Eva Maria wrote:
Where is the Ceo Wall of Shame when you need it?? Corrupt leaders like the ones at Kodak will cause this country to want socialism as a reaction to their excesses. I know one of the top inventors who was laid off after making millions for the company. Can you say: age discrimination ?
Hi Eva Maria,
If you know anyone in the MP Division that was laid off, ask them how many folks that lost their jobs in MP were under fifty. I know on none.
keith

Newark, NY

#24 Aug 2, 2009
I wonder how many VPs does Kodak have on the payroll,Its seems every month they name a new Vice-President in charge of something.They took away double-time on Sundays,changed the pay structure,took away merit pay raises,no bonus,since i left in 2007 things are no better most likely worse.
ko-da-man

Kingston, NY

#25 Aug 2, 2009
The last number of VPs I saw was about 200. Is that possible?
Hollywood Bob

New York, NY

#26 Aug 3, 2009
Crazy wrote:
Wonder why they lost money.
Look what great products they just released.
http://www.dealerscope.com/article/kodak-week...
What a joke..
May I share a story with y'all? About 2 years ago, this woman who had been a long-time Kodaker, rose through the ranks to be head of the FPG (Film Products Group). She came out to our office to give a talk about the "path forward". Here is where things became problematic. "We are going to cease making a lot of things in the US" she said. "We are going to source digital cameras from China, form a company that makes them for other companies besides Kodak". This became the theme for several other classes of products. I simply asked if Kodak was abandoning it's role as a manufacturing company. The answer I got was vague... but it seemed like most of what EK would be doing was affixing a label and shipping the products out. What's bad about this? Manufacturing layoffs aside (and that's BIG):

Please google "Kodak + easyshare" and similar phrases and look at the customer complaints. I know that they represent a fraction of sales, but often published complaints reflect a fraction of true problems. So long, "Brand".
tired of baby sitting

Rochester, NY

#27 Aug 3, 2009
Hollywood Bob wrote:
<quoted text>
May I share a story with y'all? About 2 years ago, this woman who had been a long-time Kodaker, rose through the ranks to be head of the FPG (Film Products Group). She came out to our office to give a talk about the "path forward". Here is where things became problematic. "We are going to cease making a lot of things in the US" she said. "We are going to source digital cameras from China, form a company that makes them for other companies besides Kodak". This became the theme for several other classes of products. I simply asked if Kodak was abandoning it's role as a manufacturing company. The answer I got was vague... but it seemed like most of what EK would be doing was affixing a label and shipping the products out. What's bad about this? Manufacturing layoffs aside (and that's BIG):
Please google "Kodak + easyshare" and similar phrases and look at the customer complaints. I know that they represent a fraction of sales, but often published complaints reflect a fraction of true problems. So long, "Brand".
Was her first name Mary by any chance?
tired of baby sitting

Rochester, NY

#28 Aug 3, 2009
tired of baby sitting wrote:
<quoted text>Was her first name Mary by any chance?
Or should I say Mary Jane H.
Silver Halide

New York, NY

#29 Aug 5, 2009
tired of baby sitting wrote:
<quoted text>Or should I say Mary Jane H.
Right you are My Friend! You should have seen her face when I asked her in a "Breakfast Meeting" if Kodak was giving up being a Manufacturing Company! At this point, we determined that her last name should be "Hellcat"!
Hollywood Bob

New York, NY

#30 Aug 5, 2009
Silver H and I were in the same meeting. Obviously not in Rochester. I bought lunch that day!
Hollywood Bob

New York, NY

#31 Aug 5, 2009
tired of baby sitting wrote:
<quoted text>Or should I say Mary Jane H.
Tired, were you involved with MP Manufacturing? I have some entertaining updates from the field.
tired of baby sitting

Rochester, NY

#32 Aug 5, 2009
Hollywood Bob wrote:
<quoted text>
Tired, were you involved with MP Manufacturing? I have some entertaining updates from the field.
Yes, we coated ecn or color neg in 14 room and then we moved it to 13 room and over to bldg 38. Now I'm going to spell this wrong but we had a perturbation system to check for cross streaks and I think 38 has the same thing or as we called it shakey jake. Like I said yesterday that 14 room was only coating ecp and vcp. This is a sad loss and I know we are not the lone ranger because every corp. across the nation is going through the same thing. But I would love to hear any info. thanks.
Hollywood Bob

New York, NY

#33 Aug 5, 2009
tired of baby sitting wrote:
<quoted text>Yes, we coated ecn or color neg in 14 room and then we moved it to 13 room and over to bldg 38. Now I'm going to spell this wrong but we had a perturbation system to check for cross streaks and I think 38 has the same thing or as we called it shakey jake. Like I said yesterday that 14 room was only coating ecp and vcp. This is a sad loss and I know we are not the lone ranger because every corp. across the nation is going through the same thing. But I would love to hear any info. thanks.
What I am hearing is that there have been some possibly serious issues in slitting and perforating in ECN. A lab manager at one of the biggest MP processing companies said that apparently the instability of slitter knives caused some slight variations in untold thousands of feet of film, and continued perhaps for months before being identified.

He said this causes a visible horizontal weave when the film is transferred to video. There have been other, smaller problems, but I'm wondering if this one was a direct result of QC people being reduced in number.
tired of baby sitting

Rochester, NY

#34 Aug 5, 2009
Hollywood Bob wrote:
<quoted text>
What I am hearing is that there have been some possibly serious issues in slitting and perforating in ECN. A lab manager at one of the biggest MP processing companies said that apparently the instability of slitter knives caused some slight variations in untold thousands of feet of film, and continued perhaps for months before being identified.
He said this causes a visible horizontal weave when the film is transferred to video. There have been other, smaller problems, but I'm wondering if this one was a direct result of QC people being reduced in number.
I think your last sentence said it all, your right no one looking at the film and more defects going out the door. Its too bad because this was a really good place to work. I still pull for them because I have many friends that work there.
Hollywood Bob

New York, NY

#35 Aug 5, 2009
tired of baby sitting wrote:
<quoted text>I think your last sentence said it all, your right no one looking at the film and more defects going out the door. Its too bad because this was a really good place to work. I still pull for them because I have many friends that work there.
I recall that (during MRP2)every strip was tested and a "kept sample" retained for any potential troubleshooting. I also have friends still there and I care about them very much. It worries me because they are fighting so hard in MP to keep the productions on film. Each time something like this happens it gives producers more ammo to try video instead. Seems that cutting QC / Tech folks was very short-sighted.
tired of baby sitting

Rochester, NY

#36 Aug 5, 2009
Hollywood Bob wrote:
<quoted text>
I recall that (during MRP2)every strip was tested and a "kept sample" retained for any potential troubleshooting. I also have friends still there and I care about them very much. It worries me because they are fighting so hard in MP to keep the productions on film. Each time something like this happens it gives producers more ammo to try video instead. Seems that cutting QC / Tech folks was very short-sighted.
YES AND YES AND YES once again, thank you.
Hollywood Bob

New York, NY

#37 Aug 6, 2009
tired of baby sitting wrote:
<quoted text>YES AND YES AND YES once again, thank you.
It's very likely you and I met, perhaps during my training in Roch... Either way, I thank you from the bottom of my heart for making the wonderful products we sold, and the care and dedication that you and your team contributed. It truly was a great ride for quite a while. Thank you.

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