Kodak is finding that it’s transition from analog to digital is a bumpy ride. After losing $298 million last quarter, the 125-year-old company plans to lay off another 10,000 workers. That brings total projected layoffs to 37,000. However, digital sales are up 29 percent to $1.6 billion, compared to $1.26 for film-based sales.
Kodak is sometimes cited in articals on disruptive technology as an example of a company that initially stumbled when faced with a disruptive threat, but then turned it around. It doesn’t look like the turnaround is quite complete yet.