NCR Corp., which said it would cut expenses up to $250 million by 2010, has laid off workers at its Carrollton, Texas, ATM- manufacturing plant. The Dayton, Ohio-based manufacturer also will discontinue making two lines of ATMs for the retail market, according to a company spokesperson.
Last Thursday, Dayton, Ohio-based NCR handed pink slips to 14 employees who work at the NCR EasyPoint factory. The company also is discontinuing production of its EasyPoint 3300 and EasyPoint 3600 model ATMs. The spokesperson declined to say how many workers the plant employs and how many models of ATMs the factory makes.
The layoffs and the company's decision to discontinue production of certain models does not mean NCR is abandoning the retail-ATM business, the spokesperson writes in an e-message to ATM&Debit News. "This decision was part of our continuing evaluation of our customer needs and the evolution of our products and solutions to address market requirements," he says.
The announcement follows NCR's decision to close an ATM parts-supply plant in Viroqua, Wis., eliminating approximately 80 jobs. NCR will close the plant for the majority of workers March 8, and the 100,000 square-foot facility will be close entirely March 31.
The closing is part of a plant consolidation. The factory, which manufactures printing labels for ATMs and cash registers, will move its operations to another NCR factory in Morristown, Tenn.
Bill Nuti, NCR chairman and CEO, said in December the company's goal is to become the industry's low-cost operator.
During the manufacturer's first phase of cost cutting, NCR achieved $400 million in savings by 2007. The company now has set a goal of achieving $200 million to $250 million by next year.
NCR entered the retail ATM business in 2005, when it purchased Tidel Technologies Inc. of Houston for $10 million. NCR later changed Houston-based Tidel's name to NCR Easypoint. Tidel originally manufactured the two ATM lines NCR is discontinuing. ATM