Diebold cuts 800 jobs; warns of trouble ahead
This from Finextra … as we forecast last year, this sub-prime crisis will have far flung effects, that few would have predicted. Here we have an ATM manufacturer cutting 5% of the workforce.
Finextra: Diebold cuts 800 jobs; warns of trouble ahead
US ATM manufacturer Diebold is cutting 800 jobs – five per cent of its global workforce – following a disappointing 2007 and amid gloomy forecasts for the coming year as the credit crisis hits bank branch investment budgets.


[...] Diebold cuts 800 jobs; warns of trouble ahead This from Finextra … as we forecast last year, this sub-prime crisis will have far flung effects, that few would have predicted. Here we have an ATM manufacturer cutting 5% of the workforce. Finextra: Diebold cuts 800 jobs; warns of trouble ahead US ATM manufacturer Diebold is cutting 800 jobs – five per cent of its global workforce – following a disappointing 2007 and amid gloomy forecasts for the coming year as the credit crisis hits bank branch investment budgets. [...]
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February 12, 2008 at 10:17