"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 

Avid copying my ideas. Sad!

...or lower cost center. Goodbye Massachusetts.

When the snr mgmt people spend weeks huddled away in rooms, cancel meetings at the last minute and stop micro-managing, then you know something is coming. Just as last year, the layoffs commence after NAMM. It's worldwide with a focus on moving roles... — read more 

Stay tuned for the repeat episode from January 2016. It's post NAMM again which means time for more heads to roll.

https://finance.yahoo.com/news/shareholder-alert-levi-korsinsky-llp-163600481.html

In his "spare" time, Louis Hernandaze Junior runs his equity fund with a focus on the media industry. Avid's former CFO who resigned recently (John Frederick) who has also been LHJ's right hand guy for years is on the advisory board. It's no wonder... — read more 

Don't believe the bullshit Avid tells you about their new support center in the Philippines having 7 years of Media Composer experience https://www.linkedin.com/jobs/view/156552992 About You: A minimum of 3 years industrial experience either in a... — read more 

I hear the next layoff for Burlington staff will be in the form of Muscial chairs as there does not seem to be enough desks for everyone in the consolidated space, as they darken half the building to save a few more cents.

whats the next trick up Avids sleeve? we were all told that higher graded staff had to take furlough and that the lower graded staff should do it as a guesture of good will, to help the company and all that and then on top of that, we get dictated to... — read more 

I was told by my boss that we have 30 days as of June 1st. July 1st should show a large number of US team members to be laid off.

http://seekingalpha.com/article/3973496-avid-technology-cfo-pulls-ripcord-bookings-crater-liquidity-crisis-nears

http://ir.avid.com/releasedetail.cfm?ReleaseID=968741

Louis Hernandez, Jr., Avid Technology, Inc. - President and CEO [18] "So if you wanted to take insights on how we are doing overall, the Web store sales that were up so significantly to navigate subscribers was helped mainly by the surge in Tier 3... — read more 

pinewood accounts were pulled in today it is bye bye to pinewood and avid in the uk outsourcing is always a great plan to save money

several went today in the American offices and there will be more to come the business is going to get rid of all of there front line reps and have juniors from manila and poland to the support with just a handful of experienced staff holding the... — read more 

Expect a second round of layoffs very soon.

Employees are treated like crap at Avid - face it. We are being used until LHJ and his financial cronies are ready in under 2 years to cash out - this is not a conspiracy theory - this is fact. That's their specialty and the incestuous nature of the... — read more 

In my opinion Pro Tools has artificially held the top spot for way too long, it always was far behind Nuendo, but it didn't matter because it was endorsed by the "professionals" Where are the professionals now? very few pro studios exist and boutique... — read more 

Name me one company that used layoffs to grow business

Without any way to verify if people are real Avid employees ex or otherwise I'm not sure how one can judge Avid or any other brand for that matter based on this website.

All, instead of spending precious hours on here making wild claims, trashing Avid and calling names get back to work. Focus on day job, get your personal finances in order, pimp up your resume, and understand what's happening in the industry. We have... — read more 

Smart dealers value the long term relations they have with their clients. Any dealer interested in maintaining those relationships should have serious discussions with their clients thinking of throwing multi-thousands of dollars Avid's way. Dealers... — read more 

We are tanking quickly and dropping quality is never a good thing for any business.

Avid is a great company with a great vision. This are choppy right now and sometimes layoffs are necessary. It's really not cool to criticize the company in public like this, especially if that company puts food on your table, pays your bills and... — read more 

That's it Avid I'm done with you as a company. Sack the bloody Management team not the guys who work there asses off everyday for little thanks and in all honesty poor money. The hour of the Amateur wankers has gone enter the total professionals... — read more 

I would think that anyone in their right mind would immediate call PreSonus and see if they're hiring. Sure....you might have to move to Berlin if you're a programmer, but I'd bet you'll be treated far better than Avid has. I know I'm personally... — read more 

The past 2 executive regimes have driven the company into the ground; favoring their personal interests. The company falters, and the executives prosper. Until there's separation between the Board and the executive staff, the downward spiral will... — read more 

(To the "Replies" poster): You're the skank... ... and you will never amount to anything with a disposition like THAT! (LOL!) Where do you get off thinking you did any programming or quality work at all, when you were (obviously) paying attention to... — read more 

Get out now while you still can. This place gets worse by the day. Now all the suckers that are left behind will have to do the job of 3 or 4 people instead of two like most people already have to do. Management thinks you have to work 24 hours a day... — read more 

Ain't this some shit. I guess we all saw it coming. Felt it even. This company is about to belly-up for the vultures to pick apart. Pro Tools will go into development purgatory until someone is willing to try to resurrect it. Avid Everywhere. What... — read more 

This does give me anxiety. to the point it is effecting my health. I work my butt off at this job never knowing if tomorrow will be my last day. Outsourcing is right, and they did everything so fast these @outsourcing employees never got a chance to... — read more 

The higher ups are destroying what made Avid and Digi great. I "survived" but I'm bailing ASAP. Good luck to those that remain - you're good people but as long as you're there you're at the mercy of upper management that values the bottom line above... — read more 

I don't think this one is Dell's fault. It's Microsoft: by giving Hyper-V away for free, Microsoft has seriously undercut VMWare's market position. While I think VMWare workstation is a better product, VMWare itself is not doing a good job of making... — read more 

My sympathies and best wishes. I worked there some years ago (at the beginning of the Greenfield-led decimations era). I still fondly recall the product and people I worked with and my direct managers as some of the best I've ever or probably will... — read more 

my observations – i was on a contract at avid and i did not like it. there are some old-timers over there and they may see things a bit differently but my experience over there was so negative i’d rather go work in starbucks than take a contract role... — read more