Kodak: Unsecured Creditors Get in Line
Current and former Eastman Kodak Co. executives have gotten in line to collect claims from the bankrupt New York firm, court papers say.
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#1 Jul 10, 2012
This just about sums up the management of Kodak. Reduce redundancy payments for hard working employees, whilst they try to get hold of millions themselves. A sinking ship that they are bleeding dry.
#2 Jul 10, 2012
agree with Tony
i got out of this sinking ship with a good redundancy payment, only because i heard what was coming and that for sure the management would change the rules and reduce the payments. If i was in the Uk arm of Kodak i would worry more about my pension, i also took mine and moved it asap...
Mis-management for sure? but its only a matter of time before this ship sinks.
#3 Jul 11, 2012
Now now, let's be positive team!
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