Kodak company has announced that it will be eliminating 1,000 jobs due to the drop in demand for photographic film and paper. Kodak plans on consolidating its North American color photographic paper facilities in Windsor, Colorado and Harrow, England, with plans to shut down operations in Rochester at the end of October. The film product manufacturing will be cut in China. Kodak shares fell 4 cents on Thursday on NYSE, and closed at $25 dollars.

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