Business Services Industry
Gateway to cut 1,000 jobs.(Manufacturing Update)
Material Handling Product News, April, 2004
Poway, CA-based computer manufacturer Gateway will cut another 1,000 workers in the next few months, on top of about 900 layoffs that have occurred at the company since December. In January, Gateway announced plans to acquire Irvine, CA-based computer maker eMachines for about $235 million in cash and stock.
Gateway will cut employee levels down to the mid-5,000 range once the merger is completed.
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