Thread regarding Eastman Kodak Co. layoffs

4500 cut in 2009 - Company posted a Q4 loss of $140 million on plunging sales of both film based and digital photo products. Sales slumped 24 percent to $2.43 billion from $3.22 billion a year ago, hit by a sharp slowdown in demand for digital cameras and inkjet printers, lower royalties from patents and unfavorable foreign exchange rates.