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Polaroid may cut 2,000: Polaroid Corp. is considering eliminating as many as 2,000 jobs under a restructuring being prepared by Polaroid’s new chief executive, Gary DiCamillo, a published report ...
Camera and filmmaker Polaroid Corp., acknowledging that its ailing instant photography business is unlikely to ever recover, slashed 2,000 jobs Wednesday, or 25 percent of its global workforce. Abo… ...
Polaroid is to cut about 2,000 jobs, or 25 per cent of its global workforce, over the next 18 months as the US group faces up to steeper than expected declines in its instant-imaging business.
CAMBRIDGE, Mass. (CBS.MW) -- Against a worsening profit backdrop, Polaroid Corp. said Wednesday that one in four of its 8,000 workers are to have their positions "phased out" over the next 18 months.
So Polaroid cut out the middleman--the lab technician, and the week of waiting for the prints to come back, those were both eliminated.
BOSTON — Trading in shares of instant-image company Polaroid Corp. was halted Wednesday following a report that a filing for federal bankruptcy protection was imminent. Such a filing, which ...
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