Word: polaroiding
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Headquartered on Memorial Drive past Peabody Terrace, Polaroid employs 6,700 employees worldwide, more than half of whom work in eastern Massachusetts...
...Polaroid will be shutting down two of its three major manufacturing locations in Massachusetts, leaving one location in New Bedford still running...
...It’s dollars and cents,” said Polaroid spokesperson Herbert N. “Skip” Colcord about how the company will determine which plants will close and which employees will lose their jobs...
...Polaroid also announced last week its plans to eliminate health benefits and insurance payments to some retirees, many of whom live in Cambridge and surrounding areas...
Over the last decade, Polaroid has sold virtually all of its Cambridge land holdings, including the Memorial Drive office space that houses its headquarters...