Avid Restructures and Refinances

February 29, 2016, 02:05 PM

http://blog.devoncroft.com/2016/02/29/avid-restruc...

Avid Technologies said in regulatory filings that it has committed to a restructuring plan, which includes “reductions in workforce, facility consolidation, transferring resources to lower cost regions and reducing other third-party services costs.”

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