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More Layoffs at RealNetworks

Published on April 1, 2010
by John Paczkowski

LAYOFFS_BOBS_THUMB
“Simplify, restructure and grow.” That’s the new internal mantra inside RealNetworks (RNWK) and the one under which the company continues to cut jobs. On Thursday, Real said it would sack another four percent of its workforce, about 60 employees, as it prepares for the spinoff of its Rhapsody subscription music service and perhaps later, its games business as well.

Yesterday’s cuts follow a similarly sized action last November and a larger round of layoffs in December 2008.

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