News Home
Quick Bites
News Archive
News Channel
Special Features
On AirNewsClassical
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.


Northeast Ohio Medical University

Meaden & Moore

For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )

Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business

Long-time area company is losing money and making cuts
ATM maker Diebold was going to build a new corporate headquaters here, now it's cutting workers

Tim Rudell
Governor John Kasich in January of 2012 at Diebold's HQ in Green. He was helping to announce plans for a new Diebold HQ complex--plans that have since been cancelled
Courtesy of tpr
Download (WKSU Only)

Diebold is cutting hundreds of jobs; many right here.  The global ATM maker headquartered near the Akron-Canton airport delivered the news along with its first quarter earnings report.  WKSU’s Tim Rudell has more.

Click to listen

Other options:
Windows Media / MP3 Download (1:10)

Posting a $13.4 million loss for the first quarter is a disappointment, said Diebold Chairman Henry Wallace, as he gave an overview of the company’s financial performance to date in 2013.  A few minutes later, the disappointment trickled down when Chief Operating Officer George Mayes talked about steps to cut costs and improve Diebold’s financial performance. “The near-term actions the company has taken include reducing our headcount by 700 full-time positions; primarily in North America and corporate operations.”

But, said Mayes, the majority of cuts have actually already taken place. He did not say where, but Diebold did recently sell two plants, one in Virginia, and one in North Carolina with a combined employment of about 140.  The Porter's Group of Bessemer City, North Carolina, a long-time Diebold supplier bought them.  Porter's also bought a plant from Diebold in South Carolina in the mid 2000s. 

In January of this year Diebold’s then CEO and then Chief of North American Operations resigned due to the company’s lagging performance.  At about that same time George Mayes was appointed to a newly created COO position.  And, according to board Chairman Wallace, a world-wide search for the new CEO is on-going.

Related WKSU Stories

Swidarski is out as Diebold's CEO amid warnings of poor performance
Thursday, January 24, 2013

Kasich says he's backing away from business tax credits
Friday, December 14, 2012

What's next for Diebold?
Friday, October 26, 2012

UPDATED: Diebold puts $100 million headquarters on ice; layoffs are coming
Thursday, October 25, 2012

Diebold suspends construction of new headquarters
Thursday, October 25, 2012

Add Your Comment


E-mail: (not published, only used to contact you about your comment)


Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook

Stories with Recent Comments

Pluto: The Browns split from Manziel is long overdue
Get Brock Osweiler from the Denver Broncos! He's fantastic and seems like a great person.

Democratic Senate hopeful P.G. Sittenfeld pushes for local gun control
That makes no sense at all... why not let cities determine driving codes as well? Maybe Cincy want's folks to drive on the left side of the road. What could go ...

Exploradio: Autism in the workplace
I would love to get more information re: Autism on The Town and other such programs in Northeast Ohio. Thanks!!

Human trafficking cases rise in Ohio
It is about time this is presented to proceed with a plan of protect our youth.And very necessary to inform communities through school, churches ...

Fermented food company aims to preserve Cleveland's farm-to-table movement
This is terrific! I make my own sauerkraut and consider it vital to good health. Well done, I wish you all success.

Ohio doctors get new guidelines for prescribing certain painkillers
I would gladly smoke pot to get off pain killers but its not legal.It would save the hassle of doctor visits for pill counts,pee tests,blood tests,driving to pi...

Ohio unemployment cuts are nearing a Statehouse vote
What about those that are laid off seasonally? My husband has been employed by the same company for 26 years and has been laid off (for the last 17) mid-Januar...

Ban on microbeads is a big step in fighting plastic pollution
What a bunch of liberal "so open minded their brains fell out" tree huggin yuppies. Professing to be wise they became fools.

Who's on -- and left off -- Ohio's medical marijuana task force?
Biggest joke everm these people are evil they know marijuana is harmless they rigged the polls last nov everypne kmows it

Dayton 'Black Lives Matter' protesters to appear in court today
Police to fast with the trigger finger and not the brain.A lot of police officers out here judge by color first instead of accessing the situation first. If a p...

Copyright © 2016 WKSU Public Radio, All Rights Reserved.

In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University