CUSTOMER ENGEENEARS REMAIN IN THE COMPANY - DO NOT SPREAD FAKE NEWS !

What is crucial is that from now on, hardware will be produced in Taiwan, and Enicon will be in charge of this, just as TSMC produces chips for Nvidia in Taiwan.

NCR will sell that hardware, maintain it, and find new customers for it, but NCR itself will not produce its own hardware. It is enough to see how many new CEs NCR is hiring (look at open positions) to understand how much you are blabbering. This is actually a very good move, as NCR gets rid of expensive production and delivery costs and at the same time, as a software company, oversees and sells competitive hardware

SW and HW cannot exist without each other, and HW is perfected together with SW and will never disappear from the face of the earth, on the contrary.

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It was written 2.9 billion, not 9 billion.

Additional $30 milion in H2 from non payroll costs, you can read Q2 report. Maybe they will rent the buildings.
Debt is not 9 bilion, but 2.6 bilion

How does this affect the team in The Phillipines?

Just think, once HW gone, they can dump Serbia (no more HW support needed), close the towers (all sales folks work remote), everything else outsourced. Peachtree City building sold for a good profit.

Think they will plaster a big “Made in Taiwan” sticker on their harware?

NCR’s solution offerings can be bought off Alibaba for a couple of dollars. Sure a generic solution but isn’t that all NCR offers today? Someone else’s relabeled stuff?

What part of an additional “$30 million in additional labor cost savings” in H2 do you not understand?

10% of the company = $75 Million in “labor cost savings” in the first half of the year. Much of that was the higher salary heads.

You think the next cuts are going to be Eric’s pet sales team? Hardly! The announcement today repeated the same thing they’ve been saying with their actions for the last 2 years of this company’s decline: if you’re not selling you add NO value.

You can even be a mediocre seller and keep your job. He-l, from what I saw that’s all they do have!

That’s why - even on the same day they made the first smart move in selling banking - the stock hit a new low. No one is buying the BS

9 billion in debt, with the sale of digital asset division 2.45 billion = 450 million remaining

How many Wells Fargo that you still have in your area?

Voyix is being sold off as soon as a su---r comes along, NCR split the company for a reason, if you still believe Voyix will be around long term your not paying attention or your simply not being honest with yourself.

NCR Voyix is divesting their portfolios. Theyre billions in debt - that’s not news. The not so long term strategy is to get debt under control then sell the business. The alternative is to declare bankruptcy. The golden parachutes will be amazing for the execs who help break up the company. Gordon Gecko couldn’t have planned it better lol

“SW and HW cannot exist without each other, and HW is perfected together with SW and will never disappear from the face of the earth, on the contrary.”

Do you really understand what you have said here?

As we move to next gen applications and if the software side takes off, we won’t care what hardware you have. As customers bring their own hardware we won’t need CE and any left will be tended out to the cheapest partner we can find.

This is really not new. NCR has not “built” any thing since the late 90’s. They may have designed, but manufacturing was Solectron, then Indonesia, Taiwan, etc. Now even engineering is gone. So Voyix will be selling “white boxes” designed, built and delivered by others.
Buyer beware.

You lost me with the 1st sentence. Its Engineers

Thread regarding NCR Corp. layoffs

CUSTOMER ENGEENEARS REMAIN IN THE COMPANY - DO NOT SPREAD FAKE NEWS !

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