Market Features

Layoffs Continue to Mount

Stock quotes in this article:LOW, BJ, YHOO, BA, JCP, HBC, AXP 

Eastman Kodak

Eastman Kodak(EK) sent a letter to state officials that it will close another Qualex office in Durham and outsourcing its work to another location, according to a report. This will result in the layoff of 48 employees.

The facility will shutter by June 13, the Triangle Business Journal reported.

The layoffs will affect 44 field engineer positions and four customer service supervisor positions.

Demand for Qualex, which supplied overnight film processing services to retailers, has declined as consumers print their own digital photos.

-- Written by Jeanine Poggi in New York.

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