Seattle’s RealNetworks (Nasdaq: [[ticker:RNWK]]) said today that 130 more positions, representing about 10 percent of the company’s workforce, will be eliminated in the final step of a restructuring program that began last year. The cuts, which are projected to save the media software company $11 million per year, bring total layoffs at RealNetworks to nearly 400 since 2009. “Our plan to simplify, restructure and grow is on track,” CEO Bob Kimball said in a statement. “While the process of restructuring is always difficult, we made substantial progress in 2010 in simplifying our organization and restructuring to reduce costs.” Kimball told TechFlash that 40 employees will be let go at the company’s Seattle headquarters, while the rest of the cuts will be spread around the world, with the Helsinki, Finland, office targeted for closure.
Author: Wade Roush
Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco.
Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.)
I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia.
I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats.
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