Ways to Fight Economic BS --Morgan

Kodak is cutting more than 3,500 jobs in 2009—more than 14 percent of its workforce. The company posted a $137 million, fourth-quarter loss on plunging sales of both digital and film-based photography products, and its stock is now at its lowest level in more than 40 years.

Transcontinental Inc., a commercial printer and newspaper publisher, is cutting 1,500 jobs (10 percent) of its North American workforce and is reducing costs to deal with the stress on its business caused by the recession.