Kodak will lay off 150 employees at its Petah Tikva plant in Israel.

[Nov. 2008] The company plans to transfer one of its production lines for advanced pre-printing systems from the Petah Tikva plant in Israel to China, said the Israeli business paper Globes. Due to this transfer the company will lay off 18% of its workforce (150 employees) at the Petah Tikva plant. Kodak will still have 650 employees at the Petah Tikva location, down from 1100 in its heydays.

See article in Hebrew here.