Catherwood LibraryILR School

Cash machine manufacturer NCR has announced plans to cut 650 jobs at its plant in Dundee, Scotland. Speculation over the future of the U.S. firm's operation had been building since it opened a plant in Hungary. Dundee City Council raised concern that a knock-on effect among suppliers and other businesses could result in the total loss of as many as 1,000 jobs. NCR blamed the "changing market environment" and competitive pressures for the job losses. The firm said ATM production would continue at its plant in Budapest, opened just over a year ago, and at factories in Beijing and India.