Tag: Manufacturing
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Kodak to Stop Making Digital Cameras to Cut Costs, Focus on Printers Instead
Eastman Kodak Company has announced that it will cease manufacturing of its digital camera, pocket camcorder and digital photo frame products during the first half of 2012. The company, who recently filed for chapter 11 bankruptcy and reorganisation, plans to cut three major sectors of its business in order to cut costs and streamline its…
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Nokia Continues to Struggle: Drops 3500 Jobs
Nokia is finally making good on claims of “substantial reductions in employment”, with an estimated 3500 employees being made redundant in factories in various countries as a result of across-the-board manufacturing cost cuts. The company’s downsizing due to reduced handset sales has hit their massive manufacturing plant in Cluj, Romania, as Nokia intends to move…
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Another Foxconn Worker Commits Suicide
Just when Apple is having a day of great news with profits up, new software and hardware released, reports are emerging that yet another employee at its manufacturing plant Foxconn has committed suicide. The 21-year-old jumped to his death from the sixth floor of the factory dormitory in Shenzhen, China, to become the latest in…