Diebold Inc. to Cut 350 Full-Time Jobs

Diebold Inc., a maker of ATM’s, announced it will cut 350 full-time jobs as the result of a decline in orders for its self-service machines and bank security systems.

Management-level positions will account for about 120 job-cuts with the remainder coming in non-management positions. Workers were notified Monday and most of the cuts will be completed by mid-February, according to the Cleveland Plain-Dealer.

Diebold has about 1,700 employees in almost 90 countries.