Thread regarding Avid Technology Inc. layoffs

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 structure as Avid completes its transformation. "

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