NCR to Lay-Off 1,200

DAYTON, Ohio – NCR Corp. said yesterday it will outsource production of its ATMs in the Americas and shuffle the manufacturing of ATMs among its overseas plants to save money, a move that will eliminate nearly 1,200 jobs. NCR has about 29,300 employees worldwide. NCR said the cuts will be made over the next nine months. ATM production in a number of locations -- including Dallas, Canada, and Sao Paulo, Brazil -- will be shifted to an outside manufacturer.NCR plans to move high-volume production of ATMs from Dundee, Scotland, to plants in Beijing, China; Budapest, Hungary; and Pondicherry, India. The announcement came just two days after NCR said it will spin-off its Teradata data storage operations from the ATM and financial kiosk manufacturing operations.