RealNetworks Lays Off 130, 39 in Seattle

Seattle-based RealNetworks has confirmed it is cutting 130 jobs, or 7.5 percent of its worldwide staff. The digital-media company says 39 of the positions are in Seattle. The layoffs will be effective at the end of the year. Displaced workers will receive cash severance packages and six months of healthcare coverage.

Gregory T. Huang is Xconomy's Editor in chief. E-mail him at gthuang [at] Follow @gthuang

Trending on Xconomy