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NIXDORF TO CUT WORKFORCE BY 1,200

Nixdorf Computer AG intends to cut its workforce by 1,200 the end of this year, but the cuts will be achieved by attrition, and it refutes suggestions that 5,000 are to go and that lay-offs will be needed: the company is not commenting on suggestions that it will eliminate its dividend altogether this year, or that it expects to report a loss for the year just started.

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