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RealNetworks Cuts 80 Jobs; Expects To Chop 80 More

RealNetworks disclosed in an SEC filing this afternoon that the company today cut 80 positions, or about 7% of its worldwide employee base, as part of a previously announced plan to reduce operating expenses.

 

RealNetworks CEO Resigns

RealNetworks (RNWK) this afternoon announced that CEO Robert Kimball has resigned. He’ll be replaced on an interim based by EVP Mike Lunsford; a search for a permanent replacement is underway. Kimball had held the top job since January 2010.

 

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