The layoffs were made last week, including some at the company’s Seattle headquarters, a company spokesperson confirmed to GeekWire. RealNetworks isn’t providing specifics about the types of positions that were cut, but says it’s working to identify other positions inside the company for the affected workers, and expects some of them to be placed into new positions.
RealNetworks employed more than 1,700 at its peak but had reduced its total employment to about 1,300 people as of a year ago through a series of job cuts.
Former Adobe executive Thomas Nielsen took over as RealNetworks CEO in November. Two weeks ago RealNetworks announced a deal to sell a large portfolio of patents to Intel, sending shares of the Seattle company soaring.
In an interview with GeekWire at the time of the Intel announcement, Nielsen said the deal would be just the first in a series of acquisitions, divestitures and other deals designed to bring new clarity to the company’s business. Everything is on the table, he said, except for a sale of the company itself.
“RealNetworks has so many businesses that, if I were to give you the elevator pitch of what we do, it’d better be a very tall building,” he said at the time.