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. "

Post ID: @MpXkBKi

1 reply

Finally leaving Mass for good?

Post ID: @MpXkBKi-biox

Post a reply