After all we've done for them (?) - are Gateway all set to shag off?

Bard

<font face="Verdana, Arial" size="2">From The Register:

Gateway to outsource manufacturing - and leave Ireland?
By Drew Cullen
Posted: 03/08/2001 at 11:51 GMT


Gateway, the hard-pressed PC maker, may stop making PCs - certainly in Europe.

According to The Irish Times, Mike Maloney, top banana at Gateway Ireland, the company is "examining the option of outsourcing all its computer manufacturing to a specialised electronics manufacturing firms".

The company also hinted that it is considering moving its European HQ from Ireland. Take out manufacturing and assembly, take out head office functions - and what do you have left of Gateway Ireland? A call-centre?

Gateway currently employs more than 900 people in Ireland. "The mood is very lethargic and everyone is unmotivated," according to an anonymous staffer quoted by the Irish Times.

The paper has obtained a memo written last week by Ted Waitt, Gateway, founder and CEO, in which he said:

"Some people will question our viability because we are shrinking or eliminating revenue in certain segments. I say that unless we get smaller first, unless we stop doing certain things, we'll never get a chance to succeed in the areas that will be critical in the future."

Gateway's PC penetration is strongest in the home sector, bombed in the US and in Europe. The company tripped up badly last year, under the leadership of Jeffrey Weitzen. The company seemed to forget that it was in the business of making and flogging PCs, boasting instead of its marvellous services business. THe company failed to cut prices in line with the market and sales plummeted. That sealed the demise of Weitzen and the return of Waitt.

Gateway may be turning into the incredible shrinking company, but it is not a serious candidate for takeover - unless Waitt, the majority shareholder, gets tired or bored with managing decline.. ®
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Source: http://www.theregister.co.uk/content/7/20817.html

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Bard

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Some mornings, it's just not worth chewing through the leather straps.

Fand

Yeah, and Intel look like they're going to go and make chips somewhere where labour is cheaper and more frightened. May their attempts be attended by earthquakes if they do.

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There are some provisions for Companies who have recieved Govt. Grants to be forced to repay these if they leave the State and if this case this should be enforced-

BTW, I've bought 2 PC's and Laptop off them since 95 (one has a lifetime maintenance aggreement)and I would be fairly well peeved if they left. I mean that was always the advantage of buying from them...ie- There on our doorstep!!

Thats frivilous Corporate Types for you....

Follow the Dollar!! ( and that looks like somewhere outside our fair Isle!)

80p.

[This message has been edited by 80project.com (edited 04-08-2001).]

amp

heh, "unnamed source" hehehehehheheheh

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