Thread regarding Avid Technology Inc. layoffs

How many employees do we still have?

The number has been going down with major layoffs constantly but I can't seem to find any info that is fresher than 2018, when it was around 1,500. How low did the upper management managed to get it to since then? I'd be surprised if we were above 1,000 at this point.

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| 2981 views | | 3 replies (last March 28, 2024) | Reply
Post ID: @OP+1gouFp2k

3 replies (most recent on top)

At this point, I think there's about 12 or so. Sorry, I just got an update, it's 11 now.

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Post ID: @bnigu+1gouFp2k

Definitely no where close tp 1500. That was the number back in the days of great success. Not even close to 1000. It's about 650 and as you know constantly going lower due to chaos and deteriorating revenue. Soon we will report our 4th straight quarter of deteriorating earnings. So more employees will have to go to make investors happy and maintain the stock price.

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Post ID: @1nilf+1gouFp2k

Does it make any difference to you if the company has 900 or 1428 or 3210 employees? What's the point in your question?

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Post ID: @8hbn+1gouFp2k

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