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Kodak announces new business structure
ROCHESTER, N.Y. — Kodak is looking to transform into a digital enterprise by going back to basics.
The company, which has been the subject of focus in the bankruptcy rumor mill, said it has implemented a new business structure that will increase productivity, reduce cost and allow it to deliver sustainable profitability and value to stakeholders. As part of the changes, Kodak has consolidated three units into two, which now are called the commercial segment and the consumer segment.