Business in Vancouver is reporting today that Eastman Kodak is reducing its BC headcount and shifting product development traditionally done in Victoria and Burnaby to Israel. The consolidation leaves the US-based international printing firm with roughly 500 employees in BC.
Business in Vancouver talked to a Kodak representative today but they wouldn’t disclose how many jobs in BC are affected by the latest consolidation. However according to an anonymous Kodak employee, today’s move affected roughly 100 jobs.
Many of Kodak’s BC employees were involved in developing the company’s Prinergy workflow systems and other products in its unified workflow portfolio. Kodak’s workflow products are used by commercial, packaging and newspaper printers to manage the print production process. Prinergy was originally developed by Vancouver’s Creo Inc. which was acquired by Kodak for US $980 Million in 2005.
The news today shouldn’t come as too much of a surprise as Kodak announced in January that they expected to reduce their worldwide employment by between 3,500 and 4,500 positions during 2009.