Kodak said yesterday that it is reshuffling executives and cutting thousands of jobs as the pioneering photography company tries to emerge from bankruptcy protection, the Associated Press reported yesterday. Eastman Kodak Co. said that it cut about 2,700 employees worldwide since the beginning of the year and plans to cut about 1,000 more by the end of 2012. Annual savings from the cuts should reach about $330 million, the company said in a regulatory filing.
