Avid Announces Restructuring, Lays off 10% of Workforce
October 27th, 2011 by David Weiss
Avid confirmed today in its quarterly earnings call that it has undergone a restructuring, laying off approximately 10% of its workforce in the process. With a headcount of 1,944 employees as of today, the move affects about 200 Avid employees. The cuts were across “all areas of the business”, excluding Read more...