[oh8eleven]

Kodak did the same thing. Hired a retired VP from HP - Antonio Perez = "he'll save us!"
Within a few years, Kodak was bankrupt, tens of thousands were downsized and Perez was richer by tens of millions of dollars.

[oscar_diggs]

Kodak did the same thing. Hired a retired VP from HP - Antonio Perez = “he’ll save us!”
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Kodak had inferior product to Fuji and even Agfa was as good but the genius Kodak hired had a plan... keep raising prices because high prices will make people think our film is better!!! This was at the dawn of the digital age and just after Kodak got sued half to death for infringing on Polaroids patents with their instant cameras..