Kodak Looks to Restructure Business

Kodak
Kodak
Kodak

Kodak is close to facing bankruptcy problems and has brought in outside help to restructure the company. The 131-year old staple in consumer electronics saw its shares drop 54% on Friday. With point-and-shoot cameras being replaced by mobile phones, Kodak will have to reinvent its product lines. Read the full article at WSJ.com

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

Categories

PreviousAmazon Profits by Losing Money on Kindle Fire NextUSPS Suffering in Electronic Era

Get Briefed Every Day!

Subscribe to my daily newsletter featuring current events and the top stories in technology, media, and marketing.

Subscribe