The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.59 - Manufacture of other chemical products n.e.c.
500 jobs Number of planned job losses
Announcement Date
18 November 2004
Employment effect (start)
Foreseen end date
Description
Kodak has announced further job losses in addition to the 600 announced in October 2004. It is to close five photographic laboratories across the UK with the loss of about 500 jobs.
The US group said it would close photo finishing labs at Northampton, Glasgow, Walsall, Wimbledon and Portishead in North Somerset in the next 12 months.
The market for film processing in the UK continues to decline. The firm says it wants to focus on digital photography in the face of declining demand for film.
The latest cutbacks also include the closure of a call centre, and is part of a move to reduce Kodak's global facilities by about one-third over three years.
Sources
18 October 2004: The Times
Citation
Eurofound (2004), Kodak, Internal restructuring in United Kingdom, factsheet number 60795, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60795.
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