Diebold to cut 800 jobs due to deteriorating credit markets
• 07 Feb 2008
Associated Press: Diebold Inc. said Wednesday that it plans to cut about 5 percent of its global work force because deteriorating credit markets within the U.S. banking industry may mean fewer ATMs are needed. The company, which makes ATMs, business security systems and voting machines, said it expects cuts in North America, Brazil and Europe. About 800 jobs will be eliminated, including about 50 jobs at its North Canton headquarters.
