2 posts and columns on Cobra

RealDepressing: The Entire RealNetworks Layoff Memo

in News on December 4, 2008 at 5:25 pm PT

Earlier this afternoon, Peter Kafka reported in Media Memo that RealNetworks was “next up in today’s layoff parade.” Here’s the official internal memo from RealNetworks founder, chairman and CEO, Rob Glaser.

RealNetworks Cuts 130, 7.5 Percent of Workforce

in Media on December 4, 2008 at 1:10 pm PT

Next up on today’s layoff parade: RealNetworks, which is cutting 130 jobs, or 7.5 percent of the workforce. Standard explanation: The company is trying to “bring expenses in line with revenues in a time of economic turmoil.”