songswithoutwords: alltreesareoaks: shortformblog: Kodak may soon file for bankruptcy The end of an era: According to sources reported by The Wall Street Journal, the Eastman Kodak company sits on the verge of Chapter 11 bankruptcy, and is expected to file within the next couple weeks. Once a colossus in the world of film, advancements in digital technology inevitably hurt the company’s profits, straining an outdated business model; they’ve failed to turn a profit five of the last six years. Kodak employs about 19,000 people, and has heavy responsibilities to retirees — this is certainly not what the private sector job market needs right now. (Photo courtesy of alf sigaro) source Follow ShortFormBlog crying This would be devastating for Rochester, a city already suffering serious economic depression. Certainly do not want. Yeah, not what I need to see when I’m considering moving back to Rochester :[
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Kodak may soon file for bankruptcy

The end of an era: According to sources reported by The Wall Street Journal, the Eastman Kodak company sits on the verge of Chapter 11 bankruptcy, and is expected to file within the next couple weeks. Once a colossus in the world of film, advancements in digital technology inevitably hurt the company’s profits, straining an outdated business model; they’ve failed to turn a profit five of the last six years. Kodak employs about 19,000 people, and has heavy responsibilities to retirees — this is certainly not what the private sector job market needs right now. (Photo courtesy of alf sigaro) source

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This would be devastating for Rochester, a city already suffering serious economic depression. Certainly do not want.

Yeah, not what I need to see when I’m considering moving back to Rochester :[

Source: shortformblog

102 Notes/ Hide

  1. thepunctum reblogged this from shortformblog
  2. shley-beard reblogged this from tigerwhiskers
  3. xo-lovinthecrew reblogged this from theyoungenigma and added:
    I miss film cameras, honestly. Though it is nice to see the pictures right as you take them, sometimes it was nicer...
  4. theyoungenigma reblogged this from sheissugarysweet and added:
    Ok NOW I’m scared. Between kodak going by the wayside, print magazines dropping left and right, physical instruction...
  5. sheissugarysweet reblogged this from afternoonsnoozebutton
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  11. saffaux reblogged this from kenshiro28 and added:
    The old school photography lab in high school was so boss. There is something so satisfying about developing your own...
  12. mammalsmusicmusings reblogged this from songswithoutwords and added:
    Yeah, not what I need to see when I’m considering moving back to Rochester :[
  13. 454776 reblogged this from shortformblog
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  21. songswithoutwords reblogged this from alltreesareoaks and added:
    This would be devastating for Rochester, a city already suffering serious economic depression. Certainly do not want.
  22. alltreesareoaks reblogged this from shortformblog
  23. wellbeunderthestars reblogged this from gracefree
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  27. girlwithlandscape reblogged this from shortformblog and added:
    Holy shit! I grew up in Rochester, NY and...employs—either directly or indirectly—like...
  28. kenshiro28 reblogged this from shortformblog and added:
    Unrelated, but I really really wish I had gotten into photography sometimes. Like, maybe if I hadn’t hated
  29. olycam reblogged this from shortformblog and added:
    sad, but hardly surprising. But I MUST have my Tri-X.
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