weeks - 10:10 pm on Jun 22, 2010 (gmt 0)
The fun is everywhere. Never, ever, will I get into the tech side again...
RealNetworks slashed 85 jobs, including a quarter of its executive team, kicking off an overhaul aimed at reducing costs to offset declining revenue.
The Seattle-based company, known for starting the Rhapsody music service and RealPlayer, said on Tuesday that it plans to record about $10 million in restructuring charges -- more than three times its first-quarter profit and about 8 percent of revenue -- in the second quarter.