RealNetworks Laying Off 4 Percent Of Staff Today; About 70 Jobs

Last week, RealNetworks (NSDQ: RNWK) CEO Rob Glaser talked about how cost cuts helped the company achieve a surprise Q3 profit. Now we’ve confirmed that he’s cutting more—this time, 4 percent of the staff, or roughly 70 jobs out of 1,700. It may not end out as a net 4 percent loss, though, as the company is also hiring in some areas. It’s the second significant layoff in a year: last December,...