NCR to cut 5-10% of global workforce

Fri, 10/23/2009 - 9:27am
By: John Munford

PTC branch still hiring, with 51 jobs listed; Ga. officials not notified of any job cuts

NCR Corporation, which has expanded its campus and its employment in Peachtree City in the past year, has announced it will reduce its global workforce by 5 to 10 percent to cut costs.

But it’s not clear if any of those cuts are coming to the Peachtree City campus. State economic development officials have not been notified of any cuts, and the company’s recent expansion here featured tax break incentives that are tied to clawback provisions that would lower the company’s benefit should NCR not meet its job creation goal.

The announcement of the global layoffs came Thursday as the company revealed its third quarter income of $15 million, compared to $82 million in the third quarter of 2008. But based on discussions with its customers, NCR is encouraged with its outlook for the fourth quarter and 2010 along with more cost-savings actions to “right size our enterprise,” said Bill Nuti, chairman and CEO of NCR.

Yet for a company that will be cutting its workforce, it appears to be continuing to create jobs in Peachtree City. The company’s website lists 51 different jobs available at the Peachtree City location alone.

NCR spokesperson Peter Tulupman said he couldn’t comment on any specific actions pertaining to jobs in Georgia.

The company recently opened its Customer Care University in Peachtree City in which it is hosting employees from all over the world for corporate training. In addition to jobs created, it also helps the economy because the NCR employees who visit Peachtree City stay in local hotels and eat at local restaurants, officials have said.

According to company data, NCR’s customer care centers alone employ more than 13,000 people worldwide.

NCR’s technology is used in a variety of consumer-business interactive applications such as ATMs and self-checkout kiosks such as those used in stores and airports. The company serves a variety of sectors from retail, financial, travel, healthcare, hospitality, gaming and others.

NCR products and services are responsible for processing more than $400 billion in annual commerce, according to the company.
More than half of the company’s revenue is generated outside of North America.

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