Bankrupt Eastman Kodak Co said it will cut 1,000 additional jobs by the end of this year and may cut more as it focuses on its commercial packaging and printing business.
commercial package: 商业包装
The company, which invented the digital camera but had trouble adjusting to the digital age, has already reduced its workforce by about 2,700 worldwide since the beginning of 2012.
adjust to: 调节以适应
Kodak also said Chief Operating Officer Philip Faraci and Chief Financial Officer Antoinette McCorvey will leave the company, which filed for bankruptcyprotection in January.
Chief Operating Official：COO 首席运营官
Chief Financial Official：CFO 首席财务官
Bankruptcy protection： 破产保护
The company named Rebecca Roof as interim CFO.
Roof has served in similar capacities for other companies that have successfully emerged from Chapter 11 restructurings, and has experience in implementingcost reduction programs and executing asset sales, the company said in a statement.
asset sale：资产出售
Kodak, which is in the process of auctioning about 1,000 patents, needs to raise nearly $700 million to repay its creditors and exit bankruptcy.
in the process of： 在..的过程中
The company said it expects to save about $330 million from the new job cuts.
The company announced plans last month to sell most of its consumer and document imaging businesses.
At the end of 2011, the company had about 17,100 employees, of whom about 8,350 were in the United States, according to its annual report.
The company did not disclose where the latest cuts would be made.
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