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85 Jobs, Including Execs, Eliminated at RealNetworks

Written By

CIO Insight Staff

Jun 28, 2010

1 minute read

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 offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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85 Jobs, Including Execs, Eliminated at RealNetworks

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