I worked at Kodak for 5 years.
As the digital imaging revolution arrived, Kodak lost sight of their customer. They thought retail stores were the customers, and satisfied their demands ... but the button pushing picture taking public were the real customers, and when (despite plenty of warning) the general public went digital en mass, film providers were far behind the curve.
Kodak had great technology, but chose to outsource digital products instead of make the massive painful transition to leverage that technology for a changing market. Being a photographic chemical company, they had the choice of sticking to photographic or chemical but not both. They chose wrong.
This a company which, AFAIK into the ‘90s, had an indoor rifle range.
Let’s not forget the indoor pool they built on the 6th floor at Kodak Park. The never filled the pool because nobody did the math until after it was built, somebody ran the numbers and reported that the building would collapse if they filled it with water. They used it for years as a developing tank for large prints. I kid you not.. this actually happened.