85 Jobs, Including Execs, Eliminated at RealNetworks

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

CIO Insight Staff
CIO Insight Staff
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