Laura Quatela

Eastman Kodak completely reorganized its business structure by aligning itself into two units that will absorb the company's film and photography segment and maximize its digital and print offerings, the company said in a Jan. 10 statement. The announcement comes on the heels of reports that the company may be preparing to file for Chapter 11 bankruptcy protection. Kodak spokesman Christopher Veronda told on Jan. 6 that the pioneering photography company âhas transformed [in]to a company that has a majority of its business in the commercial printing markets.â The new structure puts all Kodak products and services into either