NCR is making 650 people
redundant at its Dundee ATM factory as it cuts costs by moving the
work abroad.
NCR's CEO, Bill Nuti, said, “This restructuring will strengthen
NCR’s global order fulfilment capabilities to better meet customer
expectations and needs within this ever changing market
environment.
“The realignment should enable meaningful cost reduction as we
optimise our manufacturing operations by improving absorption
across geographies and strategically outsourcing to contract
manufacturers where the company can reap economies of scale.
“We have more to do. This represents one of the many initiatives
that we are undertaking to achieve our longer-term operating margin
objectives for our financial self-service business.”
The company said that manufacturing operations at Dundee would
be scaled down and the focus shift to “new product introductions
and the delivery of high-complexity/low-volume solutions”.
NCR will rely for volume manufacturing on plants in Beijing,
India and a recently opened site in Budapest. Some ATM
manufacturing will also be outsourced to an undisclosed company in
the Americas.
NCR will provide more information on the changes on 25 January
when it posts its fourth-quarter and year-end accounts.
Earlier this month, the company announced it would spin off its
Teradata data warehousing company into an independent entity.
NCR splits into two
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