Topics regarding layoffs at Avid Technology Inc.

Topics regarding layoffs at Avid Technology Inc.

Wake up!

2021 will be another year which includes multiple layoffs as it is the best defense against bankruptcy and a way for incompetent executives to make huge pay checks. Insider info isn't hard to get. There are a lot of weak links + blabber mouths... —  read more 

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Post ID:  @OP+18yjpWSR

Bloated management

Avid upper management is always so trigger-happy when it comes to layoffs, EXCEPT when management needs cutting. Everybody here knows that our management is bloated. There are many useless positions with so few direct reports that getting rid of half... —  read more 

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Layoffs and furloughs?

How many were quietly exited this time, under the excuse of the pandemic? Cancellation of a couple of big deals to blame? Talk of 18 month furlough programs being initiated from Avid HQ?

This place is a dump

This place is a dump circling the toilet. It is a place of perpetual RE- organizations and layoffs. Never heard of an organization laying off so many productive and loyal employees. All to try and fill the pockets of a small group of executives with... —  read more 

Q1 earnings today

Place your bets... Without the Harmonic patent settlement this time, how will Avid fill the void this quarter? If the going is good: NAB was a big boost for Avid If the going is bad: NAB stalled deals in to Q2

Layoff was pre-NAMM this time

At least 4 people from my team were impacted. NAMM was positive from what I heard. Pro Tools is only 10 years behind other DAWs now. Few more people are on their way out voluntarily or interviewing. Sad.. I am giving it some more time to see what the... —  read more 

Corporate Marketing? Really?

The lack of respected, talented leadership is decimating what's left of the Marketing organization charged with developing future, forward-thinking strategic plans that will enable our sales pipeline to help grow the business and generate revenue... —  read more 

Best of IBC 2017

Things we absolutely adored - the tablet cover raffle; the gorgeous booth babes; the legacy purple booth lighting that makes even garbage appear luminous; Louis' purple honker pocket rag; the booth babes (again); the staff social media hype (let us... —  read more 

Another $30 million of savings hidden in their loan restructuring press release, what's left to cut? Speculate below.

"The increased limit on one-time charges will provide the company with additional covenant cushion as it executes on further planned efficiencies, including greater than $30 million of cost savings in 2017, leading to a leaner and more directed cost... —  read more 

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