Updated: 9/9/02; 2:45:00 PM
Technology
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daily link  Thursday, August 8, 2002
Real Cuts To The Bone
As it focuses on the strategy du jour, Real retrenches and cuts staff by 10%. This won't help. Real's problem is that it does not seem to understand the enterprise market it seeks to dominate. The company is largely focused on selling its software and does a poor job of supporting partners who can offer the applications that would drive the use - and growth - of their streaming technology.

RealNetworks to Cut 10 Percent of Staff. RealNetworks Inc. said it would cut more than 10 percent of its work force and take a restructuring charge of up to $6 million as it moved to cut costs in response to slack corporate spending. By Reuters. [New York Times: Technology

8:23:42 AM  permalink  source


Copyright 2002 © Dale Gardner