Gateway to Cut Another 1,000 Jobs: "Gateway to Cut Another 1,000 Jobs

Tuesday March 2, 3:08 pm ET

SAN FRANCISCO (Reuters) - Personal computer and consumer electronics gear maker Gateway Inc. (NYSE:GTW - News) has cut about 1,000 jobs this year and will cut another 1,000 in the next few months, bringing the number of employees down to about 5,500, a company spokesman said on Tuesday.

The cuts by Gateway, which expects to close its acquisition of closely held PC maker eMachines Inc. around March 8, are part of a restructuring announced in September 2003, the spokesman said. Gateway said then it would outsource certain service and support operations, as well as some administrative functions."