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R&D to Suffer from Kodak Cuts

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R. Winn Hardin

ROCHESTER, N.Y. -- As part of a $1 billion cost-saving plan, Kodak will cut between $100 million and $150 million from its research and development budget. What that means to advanced projects such as large-area charge-coupled device development remains unclear. Much of Kodak's $1 billion cost-saving plan remains nebulous, according to industry analysts. Spokesman Paul Allen declined to comment on how the reduction in R&D funding would affect specific projects, saying only that the company will spread the cost savings over two years. Personnel cuts come first More than half of the cost...Read full article

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    Published: December 1997
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