Kodak Retirees Worry Amid Bankruptcy Talk

Kodak Retirees Worry Amid Bankruptcy Talk

Amid recent reports that Kodak could be headed into bankruptcy, financial advisers in Rochester, N.Y., where the company is based, are seeing more and more Kodak retirees who are anxious about their personal financial futures.

Once upon a time, Kodak provided secure, good-paying jobs to tens of thousands of local residents. For about the past 25 years, the company has been shedding local employees -- from a high of more than 60,000 in 1982 to about 6,000 today.

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