Gateway could cut work force by half

By on April 21, 2004, 1:31 PM
Hoping to turn a profit by year's end, Gateway executives are crafting a restructuring plan that could reduce the company's product lines and, in a worst-case scenario, slash its work force by half, sources familiar with the plans told CNET News.com.

Management is evaluating at least one scenario that would cut the work force to approximately 2,000 workers, about half the current number. The company is also looking at flattening management, consolidating some facilities and realigning some products.

Read more: CNet News.

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.