Gateway announced Thursday it cut approximately 5 percent of its work force as part of an initiative to reduce annual expenses by as much as $35 million.
The cuts, announced during Gateway's third-quarter earnings call with analysts, resulted in the elimination of approximately 100 positions this week, bringing the computer maker's work force down to roughly 1,700 employees.
As part of its job cuts, Gateway eliminated corporate support positions, which typically include those in marketing, human resources and clerical categories. This round of layoffs, however, is far less severe than that of two years ago, when Gateway announced plans to cut more than 1,500 positions.
Web giant is spending $120 million to beef up its Mountain View, Calif., headquarters, according to filings with the city reviewed by the San Jose Mercury News.
The Samsung Galaxy Mini 2 S6500 could make its debut at the Mobile World Congress in Barcelona later this month, according to a leaked promotional image.
MIT creates a simulation to celebrate the 50th anniversary of Spacewar. A relic of the early days of minicomputers, it was one of the first computer video games and set the stage for many others, including Asteroids.
Join the conversation