I’ve always said that Gateway is going to have to get smaller – unfortunately – if it wants to live profitably.
Gateway’s new management, from eMachines, know that in order to sell online and via retail you do not need a lot of staff. Also there’s no need for Gateway branded retail stores when the Circuit City’s of the world already have the infrastructure.
Forbes is reporting that Gateway Inc. (nyse: GTW – news – people), the money-losing consumer electronics and personal computer maker, is considering a range of options to return to profitability, including cutting about half of its work force, a person familiar with the situation said.
Gateway has already made a number of moves to shed costs, including multiple rounds of layoffs, and analysts, told of the moves on Wednesday, said they were not surprised. (full story)
Latest posts by Ramon Ray (see all)
- 5 Tips To Choosing Your Marketing Automation Provider - December 16, 2016
- GoDaddy Enhances Mobile Shopping With ApplePay and Shopping Cart Intelligence - December 14, 2016
- 3 Reasons Invoicing Apps Are Essential For Fledgling Businesses - November 28, 2016