Jobs are to be lost at the County Dublin offices of computer manufacturer, Gateway, as part of global cost-cutting plans. Last night, Gateway announced that it plans to cuts its global workforce by 10% in the first quarter of this year. The decision followed another set of disappointing quarterly figures announced last night.
This news follows the news released by Gateway headquarters in San Diego yesterday, which announced a loss of $94.3 million dollars yesterday for the last three months of 2000. The losses were blamed on a fall in worldwide demand for personal computers. The company stated that it intended to cut its worldwide workforce of 24,000 by more than 10% as a result.
Mike Maloney, Gateway's vice president of client relations, said the Irish operation would have to take its share of global cost cutting plans but would not say how many of the company's 1600 staff are to be laid off at this stage. An announcement is expected on Monday week.
Gateway manufactures computers for the European market and runs technical support services from its Dublin base. Alongside other computer manufacturers, the company has suffered from the fall off in global demand for PCs, and also been hit by poor sentiment towards the technology sector in stock markets.
