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Articles tagged with: Job Cuts

RealNetworks Completes Restructuring Cuts 130 Jobs

“Today is a hard day. Today is definitely not a very good day, to be making these kind of cuts.” These were the words of Bob Kimball, CEO of RealNetworks, in reference to eliminating a further 130 jobs from its global workforce. These cuts were part of a year-long restructuring effort by RealNetworks to turn its business around.

While less than 40 jobs will be cut in its headquarters in Seattle, RealNetworks will be closing its Finland offices in Helsinki as part of this round of cuts. This leave the company with around 1,300 employees, down from its peak of 1,700 a couple of years back.