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Kodak to End Consumer Inkjet Printer Sales, Cut More Jobs

Eastman Kodak Co., the bankrupt photography pioneer, plans to cut at least 200 more jobs as it prepares to stop selling consumer inkjet printers next year, part of a plan to turn into a commercial-printing company.

Kodak will continue to sell ink supplies to printer customers, according to a statement today. The job cuts come in addition to 3,700 announced earlier this year, saving the Rochester, New York-based company a total of $340 million annually. Kodak also is seeking to extend its exclusive right to negotiate restructuring during bankruptcy -- a right that’s due for review next month.