Avid Restructures To Please Wall Street

May 5, 2016, 08:32 AM

http://bobbyowsinski.blogspot.ca/2016/05/avid-rest...

A few months ago Avid proudly put out a press release about how they just hired 250 new employees to staff new facilities in the Philippines, Taiwan and Poland, and how they would save $68 million as a result. Oh, and by the way, that was at the expense of closing down offices and downsizing its staff in the U.S.

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