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Kodak to Cut Up to 3,000 Jobs
AP Business Writer



"There was a lot to work with," Perez said. "It was disconnected and it was incomplete ... but it was there. You can accuse the company of being late commercializing digital products, but no one can say the company was late investing in digital technologies. Luckily, we were making a lot of money, and that money was going into that. That is what has allowed us to do what we're doing."

Kodak shares fell 24 cents to $26.45 in early trading Thursday on the New York Stock Exchange.

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On the Net:

Eastman Kodak Co.: http://www.kodak.com


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