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The Boston Globe

Business

More jobs lost as Kodak reorganizes

NEW YORK — Kodak is reshuffling some executives and continuing to cut jobs as the pioneering photography company tries to emerge from bankruptcy protection.

Eastman Kodak Co. said it cut approximately 2,700 employees worldwide since the beginning of the year, and plans to eliminate roughly 1,000 more by 2012’s end. Annual savings from these cuts should reach about $330 million, the company said Monday in a regulatory filing.

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