Thread regarding NCR Corp. layoffs

Bought by Veritas Capital

WSJ reporting that Veritas capital (private equity firm) has agreed to buy out NCR. What does it mean for current employees? Are we about to get the boot if deal does go through?

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| 3443 views | | 7 replies (last July 26, 2022) | Reply
Post ID: @OP+1hPxt5mg

7 replies (most recent on top)

Don’t let Diebold acquire the company. Their stock took a nosedive. All rumors until something actually happens then so be it. One of the people I work with used to work for Diebold and is just awful at communication and common sense.

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Post ID: @5mwn+1hPxt5mg

Not worth buying at this time and I don’t know about those stock numbers. This year the stock has been down if anything which my 401K confirms. If they sell then so be it give me my release and severance if it comes down to that. Not working on network calls right now is appealing.

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Post ID: @3jrq+1hPxt5mg

@1htg+1hPxt5mg

Don’t use the pandemic drop as an excuse to say hey stocks up 200%. It’s a good buy.
No serious individual investor would buy this stock knowing it pays zero dividends. Unless they had insiders

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Post ID: @3ejj+1hPxt5mg

Since 2020, stock is up 200%+, early 2022 it was up 300%. NCR is a good buy for a 150 year old company. The 1100+ patents alone are worth gobbling up.

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Post ID: @1htg+1hPxt5mg

No, the WSJ does NOT say that Veritas Capital has agreed to buy out NCR. The article says that Veritas Capital has entered into exclusive talks to buy NCR. Huge difference.

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Post ID: @lhr+1hPxt5mg

AT&T already bought once and sp-t it out. Any buyer will split it up and sell for parts. All jobs are “subject to renewal by new owner”

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Post ID: @mpe+1hPxt5mg

You must be a new NCR employee. Can I just tell you that every year someone is "buying" NCR?

  • Blackrock
  • AT&T
  • Diebold
  • Oracle

etc. I've heard it all. No one is buying this piece of sh-t.

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Post ID: @dqn+1hPxt5mg

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