If that is the best this CEO can do, then Kodak is as good as gone. Maybe that with 5,000 layoffs would mean something.
Think about it. Kodak hires this CEO to bring new ideas how to reshape the company into something new, and what did he do? He just went with the only thing he knew, printers. Well how'd that work out? What, a 2% market share. I have yet to see ONE advertisement about retail printers.
So a light goes off in that big brain of his and then it's those massive commercial printers that newspapers use is the way to go. Hey clueless, newspaper companies are dying off just like Kodak cameras.
Kodak should be in the smart phone/digital related business since they hold several applicable patents.
The board needs to boot Perez. Then he can spend all his time on Obama's jobs council, instead of 95% of the time.
The man is certainly no Lee Iacocca.
