ASSOCIATE ARTS EDITOR The Cambridge-based Polaroid Corporation obtained bankruptcy protection in the United States Bankruptcy Court in Wilmington, Delaware on October 12. Last June, Polaroid announced that it would lay off 2,000 employees, approximately a quarter of its 8,000-member global workforce. In September, the company reduced health benefits for some of its workers. Polaroid intends to continue making and shipping its products while it restructures its business operations and finances and searches for buyers for all or …
showed first 75 words of 666 total

showed last 75 words of 666 total
…presence by selling two of its offices in Kendall Square. Since 1999, Polaroid Corporate Headquarters have been located at a distinctive office building at 784 Memorial Drive. The building in Kendall Square which formerly served as the center of the company's operations was demolished in January of 2000. Later that year, Polaroid sold the Memorial Drive office building to Bulfinch Companies, a Newton, Massachusetts-based real estate development company. Polaroid continues to lease its Cambridge office space from Bulfinch.