Kodak to cut at least 1,000 more jobs Kodachrome film, as immortalised by Paul Simon. Eastman Kodak once sold 90% of the world's film. Photograph: Chris Hondros/Getty Images Kodak, the bankrupt camera and film-making company, will cut another 1,000 jobs by the end of this year and may cut more as it focuses on its commercial packaging and printing business. The company, which failed to turn its invention of the digital camera into lasting success, has already reduced its workforce by about 2,700 worldwide since the beginning of 2012. Kodak also said the chief operating officer, Philip Faraci, and the chief financial officer, Antoinette McCorvey, would leave the company, which filed for bankruptcy protection in January. The company named Rebecca Roof as interim chief operating officer. Roof has served in similar capacities for other companies that have successfully emerged from Chapter 11 restructurings, and has experience in implementing cost-reduction programmes and executing asset sales, the company said in a statement. Kodak, which is in the process of auctioning about 1,000 patents, needs to raise nearly $700m (£440m) to repay its creditors and exit bankruptcy. The firm said it expects to save about $330m from the new job cuts.