Real cuts workforce
December 11th 2007
SeattlePi reports that RealNetworks has laid off roughly 100 of its 1,800 employees (5.6 percent). Thirty-five workers were sacked in Seattle, where the company's headquartered, and the rest in Asia and Europe, spokesman Bill Hankes said.
The cuts were made across the board to reduce "redundancies" built up as a result of six acquisitions made by RealNetworks over the past two years, Hankes said.
In November, Real added video download support to its software. That Apple hasn't bothered to this block cross-ecosystem functionality, which it quickly did previously in instances, speaks to Real's growing irrelevance.
by Crystal Waters
