Global cash machine maker NCR has announced the closure of its Dundee-based assembly plant, effectively putting 650 workers out of a job.
The US-owned firm, which employs 28,000 people worldwide, informed employees at a company meeting earlier today.
Fears were raised that the Scottish factory would be closed two years ago when NCR opened a similar facility in Hungary, but bosses said at the time that the two plants could work alongside each other.
Union Amicus has said it is "furious" at the loss of so many British jobs.
Peter Skyte, national officer at the trade union, said: "This is a highly profitable company and the fact that 60 years of investment and employment can disappear from the face of Dundee in 90 days all too glaringly demonstrates the failings of UK employment legislation in allowing high value and skilled jobs such as these to be slashed so easily and so quickly."
As well as Budapest NCR also has major assembly plants in India and China.