Thread regarding NCR Corp. layoffs

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NCR Stock Spikes as Company Reports ‘Constructive’ Talks With Potential Suitors (published June 14, 2022) - https://www.marketwatch.com/articles/ncr-stock-review-suitors-51655237886?mod=mw_quote_news.

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Post ID: @gkdi+1gZdPnqH

I see layoffs are happening in certain areas. OH and TN some CEs were let go. Along with some in FL and CA as well. I guess they won’t be sending me to training in Peachtree City again anytime soon. No clue who is looking to buy hopefully someone with common sense.

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Post ID: @7lzo+1gZdPnqH

Guess I miss this old news from 2019
https://nypost.com/2019/06/18/sale-of-atm-maker-ncr-hits-a-wall-sources/amp/

I never saw this before so I guess they been trying on and off to sale since 2019.

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Post ID: @7tmn+1gZdPnqH

Yes. Hiring freeze , travel freeze. Everything points to possible sale and lay offs.

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Post ID: @5fde+1gZdPnqH

Based on various articles out there and the strategic meeting, I’m thinking yes.

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Post ID: @4skn+1gZdPnqH

Your pension is protected by law even if the company is sold or goes out of business. Check the Department Of Labor site.

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Post ID: @3edm+1gZdPnqH

If you have RSUs the you need to talk to an advisor or who holding them.
It’s like me Posting what would happen to my pension as I’m still to young to get it.
To me that is a fidelity question.
And there have been companies that went bankrupt and people with pensions lost them.
It all about top brass and board of directors who own the most shares to get the most out of a sale. According to them it who the f..k are you and why should we care mentality.

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Post ID: @2pcf+1gZdPnqH

Does anyone know what would happen to our RSUs of they sell the company?

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Post ID: @1vqf+1gZdPnqH

Yeah, the Cheetah is buying hopefully.

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Post ID: @1las+1gZdPnqH

The question of the year!! Elon that’s funny but we do need solid common sense leadership.

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Post ID: @1axu+1gZdPnqH

And if so, who would be the potential buyer?

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Post ID: @jdc+1gZdPnqH

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