The slow decline of Eastman Kodak Co. continues, with the bankrupt company saying it will phase out sales of consumer inkjet printers and cut 200 more jobs than previously expected.
The Rochester, N.Y., company has already nixed its digital camera business. Last month, it said it would sell the businesses responsible for scanners, film, souvenir photos and more, noting Friday that there has been "significant interest among potential buyers."
Its Kodak Gallery photo-sharing site was sold to Shutterfly, only to be shut down. The company's plan to auction off its patents has been postponed as executives look for other options, such as licensing.
Kodak is attempting to emerge from bankruptcy in early 2013 a leaner company focused on commercial printing and packaging services.
Already, Kodak has cut 2,700 jobs. It had expected to reduce head count by an additional 1,000, but on Friday boosted the number to 1,200.