Gateway mulls possibility of more job cuts–source

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)

The following two tabs change content below.
Ramon Ray, Editor & Technology Evangelist, . Editor and Founder, Smart Hustle Magazine Full bio at . Check him out on Google Plus, Twitter or Facebook