03.02.2004 - Gateway to cut more jobs
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Gateway expects to reduce its employee roster by about another 1,000 this year, but the action is not related to its acquisition of eMachines, it says.
Rod Sherwood, Gateway's CFO, told attendees at Morgan Stanley's Semiconductor and Systems Conference late on Monday that the company expects to continue reducing its employee count and is aiming to end up with a roster somewhere in the mid-5,000s. It finished 2003 with about 7,400 employees.
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