Thread regarding NCR Corp. layoffs

NCR Atleos Serbia massive layoffs

It appears that a significant wave of layoffs is underway here in Serbia. I know several people who were let go in the last couple of days. There are rumors that it will continue to happen throughout the next couple of months. I am on the Voyix side of the fence, things here are looking as bleak as it's possible.


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Post ID: @OP+1kmh98n0d

30 replies (most recent on top)

@170 yes ... and having in mind current public debt, state of economy, political situation, and international events organised by current government, I guess soon can be expected the same from Côte d'Ivoire, Botswana and similar Serbia style mighty economic tigers ... but in some other company, to some other Bill Nutti, 'cause NCR story is aproaching it's conclusion ...

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Post ID: @17f+1kmh98n0d

@wy I see you agree then...

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Post ID: @170+1kmh98n0d

@xb https://me.ekapija.com/en/news/5495400/more-than-500-layoffs-in-serbias-it-sector-in-the-same-month

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Post ID: @15j+1kmh98n0d

https://vreme.com/en/ekonomija/zasto-pljuste-otkazi-u-it-u-po-beogradu-srpski-programer-mora-da-se-menja/

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Post ID: @15h+1kmh98n0d

@yj https://maps.app.example.com/KpUn1JsieiVjr2CL7

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Post ID: @ym+1kmh98n0d

@yh Atloes has a sindicate? Never heard of such ? In what country? Who formed it ? anyone know? Is it active?

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Post ID: @yj+1kmh98n0d

@yb Syndicates in Serbia are something completely different from the ones in US... Traditionally they rised up during communist era, which is nonsens having in mind that in that period average worker was protected like polar bear ... during tht period, and some after syndicates were used to collect memrbershipt, and later to fund cheaper vacation and cheap pork halfs ...

Later they have become a tool of political manipulaton, but almost as useless as previous ones ...

All above is said to have in mind that noone is considering syndicates here serious ...

When it comes to NCR, first NCR syndicate was founded durin 2014 as a result of love. There was a guy in some retail SD who fell in love with his manager, and later they got married. She helped him to get promotion in her vertical. That whole scandal become hevaliy anoying for upper mgmt so they started finding a way to fire them. Knowing this, guy founded syndicate in order to use a part of Serbian labour law which forbides fireing syndicate leader. End game that guy and his newly wife were fired, and that syndicate was shut down despite some mighty serbian law minds defending them ..

Today Atleos has some new syndicate, probably in the most meningfull time uport company end. They are strugling to resolve much smaller issue, like overtime not being paid etc. but it is heavily minded that they will somehow stop job roles migration with ongoing merger ...

Somehow resembles like We can beat Tyson, but currently struggling with paraplegic ...

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Post ID: @yh+1kmh98n0d

@ye @ye Somehow I am strugling to find that part in mine ....

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Post ID: @yg+1kmh98n0d

@y9 for Atleos apart from vocal promise that previous (joint) NCR time will be recognised there is not written trace of any deal, so that may be intereseting ...JUST SO WE ARE ALL ON THE SAME PAGE .... there indeed is a written deal in our contracts during our termination of contract with NCR and transfer to NCR Atloes, that our duration of work will be transfered to NCR Atleos... it has been confirmed by RS lawyers as you mentioned that all our time at NCR and NCR Atleos and or VOIX would count for anyone who starrted on the orginal NCR contract whatever year thats was.

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Post ID: @ye+1kmh98n0d

@y9 what is a sindicate story?

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Post ID: @yb+1kmh98n0d

@xx @xx Try not to fall on thos sindicate stories, because layers in Serbia are not quite cheap at all ...

You are not going to get two severance salaries, if it comes to role closure employee with closed role will get 1/3 of monthly income per each year of service. For Voyix that would be straight, for Atleos apart from vocal promise that previous (joint) NCR time will be recognised there is not written trace of any deal, so that may be intereseting ...

There is no way that any lawyer in RS can dispute role closure of foreign owned company, also there is nothing to be disputed at all, they will for sure close certain if not all the roles in RS.

Why aren't they announcing all job cuts in one day? Mostly because workload and eventual knowledge transfer cannot be organised ad hoc. I highly doubt any international company mgmg is afraid of Serbian courts ....

... and in the end, question may remain why would anyone insist on staying in clearly dying company, instead fo trying to find something much more promising ...

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Post ID: @y9+1kmh98n0d

@xs if you have the right lawyer, you will not be getting 2 severance pays , esepcially if you have been there for a long time ... also any type of position closure can be disputed , you just need the right lawyer... and if they want to close positions why dont they jsut do it in one day ? ohh because maybe they are very caucious ... get a laywer when they call you upstarist to sign documents.. do not sign anything !!!!!!!!!!!!

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Post ID: @xx+1kmh98n0d

@xb On which ground those lawsuits would be raised?

Serbian labour law allows layoff on ground of position closure, which is something which may happen in (near) future. The only conditions are 1. same position cannot be re-opened in next two years, 2 severance paid.

If NCR is going to move to a cheaper enviroment, they will just calculate the expenses and move, same way they have done with US, UK and other countries ...

NCR higher management is complaining for years now how Serbia has become expensive.

And that two observations can be made.

During 2011 500$ after taxation here was quite a salary, you could live quite good out of it Today minimum vage is around 600$ and that is usually being paid to roles such as cleaning personel, and unfortunately NCR Service Desk agents ... Even garbage collectors are being much higher paid in Serbia ..

Second, what can be thought about NCR finances if they complaint that such salaries, and some ofc bit bigger are expensive ...

So I guess it will be Nigeria here we come in the end ...

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Post ID: @xs+1kmh98n0d

Massive layoffs = Massive lawsuits , especially in countries where the US has no clue on loacl labor laws..

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Post ID: @xb+1kmh98n0d

@w4 https://www.pgpf.org/article/the-national-debt-is-now-more-than-39-trillion-what-does-that-mean/

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Post ID: @x1+1kmh98n0d

@w3 Yes, you are right. I do recall, back in the days, like 15 years ago, a group of penniless, unemployed Serbs went in US and confronted Bill Nutti, saying him, either you will transfer US based SD, PM, FM ... roles, or else And knowing how powerfull were those mighty Serbs, Bill had no choice then to accept.

Later, some other bad Serbs, instead of thinking on decades of dedication and hard work which combined with great strategic vision and strong leadership somehow led to unlocking the sharehlders value in autmn of 2023, they accepted glorified 600+$ / month positions and without hart put their counterparts in US to misery ...

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Post ID: @wy+1kmh98n0d

@OP https://www.linkedin.com/pulse/serbias-industrial-decline-system-failure-nemanja-zivkovic-8bumf/

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Post ID: @w4+1kmh98n0d

@ta really now, account support, some FM positions some architect positions. PNL deal desk, support center. Please tell me again no positions were taken by the Serbia team, wait did you tell them I cannot in good faith take that position. Please I see a soap box failure here. Let's not be disingenuous please.

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Post ID: @w3+1kmh98n0d

Funny, I can recall in early 80’s we all thought we (Field Engineers) were going to be replaced by trained monkeys when service policy changed from component level repair to board swap. Thought was the IC circuits would contain banana flavoring. So monkey techs just have to follow their nose to the failed board and swap it.

The cr-p rumors from long ago.

Times really don't change, they just get weirder.

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Post ID: @ty+1kmh98n0d

@sm No one from Serbia is whining about NCR going away. There was some time where NCR job in Serbia well good payed, and had some sort of sense, that time has long gone. Local retailers are now paying better then NCR which implies very high atrittion ... As we all can see there is specific region from where a most of complaining about years of dedication, service, .... are being sold ... to someone from Serbia, India, Phillipines ... Also no one from Serbia or any other place took any of your jobs, your fellows from US mgmt took them away from you and gave them to someone other because he/she was way cheaper, all that in order so that some investor can get some return from their stock by doing mostly nothing ... Also this model is quite brilliant, endgame is Sub-Saharan Africa, and after that what may be the next stop, cheap Ai, or finding some other planet with cheaper labour ?

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Post ID: @ta+1kmh98n0d

@sk this is far away from any kind of pontification, it is simple obesrvation about maturity of average Joe view of reality ...

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Post ID: @t9+1kmh98n0d

Really impressed with the finger pointing from "other" countries on this forum. The "logic" of QO is nothing but deflection. is the poster part of the "Serbian" solution? let me remind you that you are just the last in a long line of countries where the company enjoyed cheap labor for a period of time then eventually moved on. Not sure I have seen anyone complain that they were taking jobs from another county posted here. save your righteousness for another thread.

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Post ID: @sm+1kmh98n0d

@q0 as doo you in your country, please done pontificate.

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Post ID: @sk+1kmh98n0d

@mx That is completely on US citizens, and if that makes sense, OK, from everyone else that is fine and choice you have right on, but then you have to accept all that comes along this one included ...

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Post ID: @q0+1kmh98n0d

@d4 vote for that make sense man, leave politics out of this.

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Post ID: @mx+1kmh98n0d

@cm

Yes, quite understandable and yes we agree on that. On the other hand, that is the society you all chose to live in, most of you vote for that. Investors do not care for anybody's years of service, they care just about profit, and US society is cultivating that culture for a long time.

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Post ID: @d4+1kmh98n0d

Just so you all know, Nobody likes being outsourced after years of dedication.

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Post ID: @cm+1kmh98n0d

@a1 I think that way of thinking is id--tic. Company is the one that made the outsourcing decision. Those people are not responsible that your role has been outsourced or that unfortunately they are cheap work force. With your "what comes around goes around" logic, you are basically happy because people have been let go and their lives and incomes have been affected.

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Post ID: @ce+1kmh98n0d

I do not believe that Serbian layoffs are quite good example for "what comes around, goes around" The ones who initiated and conduscted US based rolles outsourcing, are pretty good with their golden parachutes and other big boys toys ...

Still nothing massive is happening in Serbia, but looking at the future, with this aquisition, common services like HR, legal, IT will be hit, and after some period who knows which roles besides them. Unfortunately NCR holds tremendous amount of useless roles, or roles that should have been automated years, or even decades ago.

In Serbia, a lot of people having such roles, have high formal education, university degrees, but very often in tech industry unrelated fields ( linguistics, philosophy, politicas , ... ) Apart from that mostly unqualified for any rmeaningfull ole in tech industry, and once layoffs start happening signifficantly, it will be quite problematick knowing the situation on labor market and in general ...

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Post ID: @b9+1kmh98n0d

Sometimes what comes around goes around, brings me back to when my role was outsourced, not sure I really feel bad. The one constant is the same cr-ppy company is laying people off.

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Post ID: @a1+1kmh98n0d

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