Interesting article with lots of facts:
https://seekingalpha.com/article/4127815-avid-technology-expecting-share-price-revert-back-deteriorating-fundamentals
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SA - agreed - I totally see them moving everything offshore.
But, why bother? Just f---ing close the shop.
This company has treated its employees like livestock for the past 8 years. It will not be shocking when they completely offshore.