Kodak files for bankruptcy

Some of you might remember a blog I wrote a while ago on the differences between film vs video. I mentioned in that article that Kodak has been struggling to avoid bankruptcy. Well they finally filed for it. The company will probably have to lay off more employees and rethink their whole business strategy. This is a good lesson about how if you run a business you must always be looking ahead. Fuji film was able to rework its structure and keep up with the digital age better than its competitor. Will kodak adopt their structure or have they already had their “moment”……get it?