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Kodak, the 131-year-old photography pioneer, filed for bankruptcy on January 19th 2012.Eastman Kodak announced early this morning that filing for Chapter 11 bankruptcy was “the right thing to do for the future” of the company.In a statement, Kodak CEO Antonio Perez said company leadership decided the move was “a necessary step.”Innovation Trail has followed the story over the course of 2012.

Kodak cuts another 141 jobs

More bad news for Kodak employees.
Zack Seward
More bad news for Kodak employees.

In a filing with the state labor department Wednesday, Kodak says another 141 local workers will lose their jobs.

The majority will be let go by mid-July.

The latest round of local cuts brings the number of layoffs since the imaging company filed for bankruptcy in January to 527.

That's according to the six separate filings Kodak has submitted to the state.

Kodak ended 2011 with just over 5,000 employees in the Rochester area. At its peak in 1982, that number was over 60,000.

WXXI/Finger Lakes reporter for the Innovation Trail.
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