Thread regarding Avid Technology Inc. layoffs

Avid needs a Board that has the company's future in mind

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 continue. The board is supposed to oversee the executive staff, but how can that be successful when the chairman is also the president and CEO? In the wake of Enron and the bank failures, how can a structure like this be allowed? How is this not be considered a conflict of interest? As long as this continues; long-time, loyal, hard working employees and their families will be destroyed, while people like Greenfield and Hernandez increase their personal wealth.

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| 3601 views | | 4 replies (last January 29, 2016) | Reply
Post ID: @OP+FFnxuqe

4 replies (most recent on top)

We have some high level folks that worked for Enron too

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Post ID: @1wvn+FFnxuqe

Yes, he did.

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Post ID: @zgn+FFnxuqe

@zwe going insane, huh, unhinged a bit bro

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Post ID: @ihv+FFnxuqe

you pretty much nailed it here

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Post ID: @pzo+FFnxuqe

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