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Avid Technology – “Further down the spiral...

2 of 2 people found this helpful

Nov 19, 2008

1.0

Avid Technology Anonymous in Tewksbury, MA:   (Past Employee - 2007)

Pros

Interesting product lines make Avid appear to be a exciting place to work. Co-workers are friendly and knowledgeable people. Avid headquarters campus is nestled in a nice, verdant office park surrounded by trees and a small pond.

Cons

Where to begin? Avid has been in a downward spiral for the past 4 or 5 years. Mid-level and Senior management always believed that the company was on the right track, despite massive evidence to the contrary. Nevertheless, ignorance towards competitors and a staggeringly slow ability to change the company's direction has dug Avid into a hole from which it may never get out of.

New senior management has been brought in (e.g., the CEO) whose only job is simply try and make the company profitable again. That goal will be achieved by selling off business units and pushing layoffs (both of which have already happened) until Avid is a mere shell of it's former self.

Morale is quite low, perhaps due to the fact that the Avid campus headquarters can be a dingy, depressing place. Cast-off, obsolete equipment litter the hallways and most conference rooms are full of broken or breaking chairs and tables. The main roadway and parking lots are full of potholes, making the drive thru the office park a slalom experience. It's not a place that engenders a sense of pride and hard work when going to work each day.

Advice to Senior Management

Your competition is hot on your heels and will soon pass you. Making money "by any means possible" is a rotten tactic and will undoubtedly cost many loyal employees their jobs. Hire smart, capable management and take a very close look at what's happening down in the trenches.

Oh, and clean the joint up, willya?

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Avid Technology Overview (AVID )
Web
www.avid.com
Industries
Size
1000 to 5000 Employees, $844M+ Revenue
HQ
Tewksbury, MA
Competitors


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