85 Jobs, Including Execs, Eliminated at RealNetworks

By CIOinsight  |  Posted 06-28-2010
After the spinoff of its music-subscription streaming service Rhapsody as an independent company with Viacom, RealNetworks makes deeper job cuts in Seattle. The company is now down to roughly 1,300 employees.

RealNetworks is a digital entertainment company known for its RealPlayer streaming platform, but is also involved in the mobile and casual gaming markets with its GameHouse studio.

The layoffs include a 25 percent reduction in its executive ranks and the reorganization seeks to streamline its technology and media services divisions.


To read the original eWeek article, click here: RealNetworks Eliminates 85 Jobs Including Execs