After just over a year and a half in chapter 11, Kodak is expected to exit bankruptcy sometime today, WXXI News (Rochester, N.Y.) reported today. It is a key moment in the company's hopes for the future, but analysts say that it doesn't guarantee that Kodak will be able to sustain itself. The company has sold off its various consumer-related businesses and is now going to focus on commercial printing and packaging. Because Kodak is focusing on improving cash flow, it is still possible that there could be further layoffs.
