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RealNetworks Laying Off 4 Percent Of Staff Today; About 70 Jobs; CEO Memo

Thursday, November 5, 2009

Last week, RealNetworks (NSDQ: RNWK) CEO Rob Glaser talked about how cost cuts helped the company achieve a surprise Q3 profit. Now we’ve confirmed that he’s cutting more—this time, 4 percent of the staff, or roughly 70 jobs out of 1,700. It may not end out as a net 4 percent loss, though, as the company is also hiring i...


Original article from http://feedproxy.google.com/~r/pcorg/~3/Hv5RyStpRBI/
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