Bankrupt Eastman Kodak has announced its intention to lay off 1,000 more workers by the end of the year, and more job losses may be necessary to stay afloat. Kodak's workforce has fallen to approximately 14,700 from a peak of 145,000 thirty years ago. Additionally, two members of upper management have departed the company as a result of restructuring forced by the continued Chapter 11 protections. Final results from its patent auction are expected at a September 19 final hearing.
