It's NAMM time, prepare for layoffs
For the last few years, Avid has rolled out a round of layoffs immediately after NAMM. Has anyone heard anything yet on this front? Clench le cheeks on Monday?
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Topics regarding layoffs at Avid Technology Inc.
AVID TECHNOLOGY LAYOFFS - Why the future isn't bright
Interesting article with lots of facts: /
Avid Executive staff dumping stock
So the brilliant "transformation" (which is nothing but B.S. and nonsense) Is complete per loser High maintenance King Luis. Who by the way is putting on a lot of pounds eating at all those nice meals while he travels the world on Avids dime...
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Corporate Marketing? Really?
The lack of respected, talented leadership is decimating what's left of the Marketing organization charged with developing future, forward-thinking strategic plans that will enable our sales pipeline to help grow the business and generate revenue...
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Best of IBC 2017
Things we absolutely adored - the tablet cover raffle; the gorgeous booth babes; the legacy purple booth lighting that makes even garbage appear luminous; Louis' purple honker pocket rag; the booth babes (again); the staff social media hype (let us...
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Don't Blame Louis - He Is One Busy Fella!
Too many self-serving priorities - shocker! / /
Fourth Quarter Staff Reduction - True or False?
There are rumors swirling about a significant RIF on the horizon In quarter 4. Hoping it is just group paranoia that stems from historical actions coming out of the ROI-less fortune spent at IBC including the T&E monies wasted on the small army of...
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Competitors like Adobe are simply taking Avid's market share
Efficiency plan simply means laying off people. What company ever prospered when its only action plan to make the company look profitable is to continually lay off dedicated and knowledgeable workers. Lay off workers out of desperation. Of course if...
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More Layoffs - Q3 and Q4 of 2017
More layoffs ....... 2017 x 2 and the year isn't even over yet. For the 2nd time in 2017, Goodbye to many, many excellent, hard working, dedicated employees. Again employees with 15, 20+ years targeted and now history. But the executives live large...
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Microsoft or Dolby
Does anyone know what is the story here?
Chairman/CEO Steps Back; Groomed President Steps Up; Nepotism Rules
The beast of burden, Louis Hernandez Jr, is going to be "resigning" his operational seat as Chairman and CEO in June. But the beast will remain on the Board. Okay - what is left in his wake is the recently appointed, bumbling Buffoon of a President...
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Another $30 million of savings hidden in their loan restructuring press release, what's left to cut? Speculate below.
"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...
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Avid wont release earnings because they are under audit.
Avid copying my ideas. Sad!
Corporate inversion to China
...or lower cost center. Goodbye Massachusetts.
Pump (up the share price) & dump (talented/loyal staff)
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, downloadbesttorrentblog.rus commence after NAMM. It's worldwide with a focus on moving roles...
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Adios, Amigos! It's time for the Louis Hernandez, Jr. Layoff Show (again)
Stay tuned for the repeat episode from January 2016. It's post NAMM again which means time for more heads to roll.
Where to look - AviD CEO's Black Dragon Capital Private Equity Fund
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...
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The new support staff don't have the experience Avid say they do
Don't believe the bullshit Avid tells you about their new support center in the Philippines having 7 years of Media Composer experience / About You: A minimum of 3 years industrial experience either in a...
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Musical chairs
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.
Forced furloughs and forced to write up 'good' reviews on glassdoor
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...
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Avid to Layoff mass US efforts July 1st 2016
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.
Insights on how we are doing overall
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...
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payroll and accounts pulled in today
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
More laid off today and many more to come
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...
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More layoffs are coming to Avid
Expect a second round of layoffs very soon.
We are being used until LHJ and his financial cronies are ready in under 2 years to cash out
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...
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Where are the professionals now?
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...
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2007, 2009, 2011, 2012, 2016
Name me one company that used layoffs to grow business
So Anyone can comment?
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.
Now, Everyone Get Back to Work
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...
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How can dealers continue to sell this product?
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...
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A pearl of wisdom: Stop sending jobs to Manila and hire polished and educated US based staff
We are tanking quickly and dropping quality is never a good thing for any business.
For all you haters
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...
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Are they Amateurs no there total professionals
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...
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Call PreSonus and see if they're hiring
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...
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