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Breaking News

Gateway Computer To Have Major Layoffs

Aired August 28, 2001 - 16:47   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
NATALIE ALLEN, CNN ANCHOR: We've just learned seconds ago this story from CNN Financial that Gateway Computer Company will lay off 25 percent of its worldwide workforce, 15 percent of its domestic workforce here in the United States. Here's a picture of Gateway Computers.

Again, the word is the company is having a major layoff, 25 percent of its workforce worldwide, 15 percent coming from domestically, the United States. We will get more on this story for you in a moment, but we just heard that seconds ago and wanted to bring that to you.

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