Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 12 December 2007 14:14

100 victims of RealNetwork?s layoff

Written by David Stellmack

Image

35 in Seattle and the rest in Asia and Europe

RealNetwoks
is making some cuts resulting in over 100 lay offs in the U.S., Asia, and Europe. 35 people were let go from the Seattle headquarters and the rest were from satellite offices in Asia and Europe.

While RealNetworks claims that the layoffs were made to eliminate what the company is calling “redundancies” due to company acquisitions over the past couple of years, some believe that it is a bigger sign that RealNetworks may be struggling a bit more than they appear to be on the surface and that this is a proactive move to save money and cut costs.

RealNetworks did not make any layoffs after all of the acquisitions, so there might be at least some validity to the statement. According to sources, RealNetworks does not plan any additional staff reductions at this time. With a company of almost 1,800 prior to the layoffs, it would seem that they would have to let more than 100 people go to make an impact to the bottom line.

Last modified on Thursday, 13 December 2007 02:57

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments