Kodak will stop selling its inkjet printers from 2013 as it shifts its focus from consumer businesses to commercial printing.
Lexmark International said last month that it will stop making inkjet printers and focus on its more profitable imaging and software businesses. Printer makers are seeing bleak time with falling sales as companies cut costs and people are increasingly attaching importance to using mobile devices to take snaps and share them digitally.
However, for the existing customer base of inkjet printers the company will continue to sell ink. The company said it expects to cut 200 more jobs, adding to the 1,000 announced earlier this month. It has cut 2,700 jobs so far this year.
Kodak, which once employed more than 60,000 people, expects to emerge from bankruptcy in 2013 as a much leaner company. The latest job cuts will reduce its workforce to 13,100.
