All ATM manufacturing in the Americas is to be handed over to a premier manufacturer, while customer demand in Europe, Middle East, Africa and Asia-Pacific is to be met through low-cost NCR manufacturing facilities in Beijing, Budapest and India.
The Dayton, Ohio company would not reveal how many jobs will be lost. CEO Bill Nuti said the realignment would enable meaningful cost reduction.
In the first nine months of 2006, operating income of what it terms its financial self-service operations fell from $128m to $87m on revenue 1% higher at $951m. By contrast, the Teradata business increased revenue by 3.6% to $228m on revenue 3% higher at $1.1bn.
