Avid Technology Reviews | Glassdoor

Avid Technology Reviews

Updated November 13, 2017
411 reviews

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2.3
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Avid Technology Chairman, President and Chief Executive Officer Louis Hernandez, Jr.
Louis Hernandez, Jr.
154 Ratings

411 Employee Reviews

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Pros
  • Great company and great products (in 54 reviews)

  • The best thing about Avid is the great products, followed closely by great people (in 32 reviews)

Cons
  • Upper management doesn't have a feel for the industry (in 43 reviews)

  • Senior management set the goal in outer space to they could pay people next to nothing (in 22 reviews)

More Pros and Cons

  1. Helpful (3)

    "Channel Partner Program Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Channel Program Manager in Indianapolis, IN
    Former Employee - Channel Program Manager in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Avid Technology full-time (More than 5 years)

    Pros

    Exciting media/audio products designed for entertainment, sports, music and broadcast industries.

    Cons

    Lack of life cycle workflow definition and accountability.

    Advice to Management

    Tie activities of every job to meaningful deliverables required to achieve company goals.


  2. Helpful (11)

    "Avid Technology Two Major Layoffs in 2017"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Burlington, MA
    Current Employee - Anonymous Employee in Burlington, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Avid Technology full-time (More than 10 years)

    Pros

    Some very good co-workers at the individual contributor level. A few good people at the manager and director level (but not many).

    Cons

    Layoffs used to be an annual event. In 2017 they increased and there were 2 major layoffs. Lots of good people sent packing. Many from the days when Avid was #1 in the industry and the stock price in the $50-$65 range and revenue over 900 million (2007). Revenue in 2017 will probably be less than 1/2 of that and executives are patting themselves on the back because the stock has broken the $5 barrier. Buildings being shut down and vacated. Lots of room to sub-lease since layoffs continue year after year. CEO and C-level executives offer empty words. Lots of talk. Results would truly mean significant increase in revenues due to innovation. Fiscal improvement is a result of continued payroll decrease from continued layoffs (this can trigger big bonuses for executives). Employees come to work and most just go through the motions. It is a sad state of affairs. If they can make the numbers look good (even via additional layoffs) there will be nice big bonuses for certain individuals.

    Advice to Management

    Sell the company while it might still has some value (even if debt from loans are high) you can probably still pull it off. Take note of true innovation from competitors.

  3. Helpful (15)

    "Used to be great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Avid Technology full-time (More than 3 years)

    Pros

    The other worker bees are great to work with; upper management not so much

    Cons

    It used to be a great place to work, but since major layoffs started happening once every 6-8 weeks, the current climate is terrible as no one has job security. You are expected to do more with less and like it, yet the CEO keeps saying we are in the growth phase.


  4. Helpful (18)

    "Anonymous"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Burlington, MA
    Former Employee - Anonymous Employee in Burlington, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Avid Technology full-time (More than 3 years)

    Pros

    Legacy product reputation, loyal customers, good people

    Cons

    Company culture, short term decisions eroding customer commitment and employee morale, product and service quality suffering because of deep cuts and fewer resources spread across more products and initiatives.

    Advice to Management

    Focus on something and stop chasing shiny objects or stop investing in a lot of new things without shedding some other products. Can't invest heavily in innovation while simultaneously supporting all old products and letting go of the employees with that deep product knowledge of old products to save labor dollars with lower cost resources with far less experience.


  5. Helpful (13)

    "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Avid Technology full-time

    Pros

    Competent, passionate co-workers that care about the success of the company

    Cons

    Incompetent management that cares about making money for themselves only
    As management has declined steadily so too has the culture which used to be the lifeblood of a great company

    Advice to Management

    Leave


  6. Helpful (23)

    "Stay Away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Avid Technology full-time

    Pros

    Some good people with good ides.

    Cons

    Kill or Be Killed atmosphere causes employees to make decisions based on fear.

    Advice to Management

    Get creative people back in management. The CEO has to go.


  7. Helpful (21)

    "Former Employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Avid Technology full-time (Less than a year)

    Pros

    None that I can think of!

    Cons

    Worked hard and thrown away like rubbish. No reasoning!! Do not recommend anyone working for this company.

    Advice to Management

    Get a grip! You are loosing valuable employees.

  8. Helpful (25)

    "Stay far away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Avid Technology full-time (Less than a year)

    Pros

    The vision was great! My boss saw a lot of potential in me and wanted to see me succeed. There was travel and the ability to stay in some of the best hotels. Training was extensive and co-workers were helpful.
    Benefits were great!

    Cons

    There was no work/life balance.
    The CEO is terrible
    Huge wave of layoffs at any given time

    Advice to Management

    Hire Leadership that appreciates their employees.
    Get rid of your CEO


  9. Helpful (24)

    "Nobody knows how to run a hardware business"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Avid Technology full-time

    Pros

    The people who know the business, products, and iterations of Avid

    Cons

    The C-level staff has no idea about how to run a company that manufactures and sells hardware, but their egos keep everyone very busy. It is beyond disappointing to see so much hard work go down the drain because of a few executives that got in over their heads and can't even ask for help from their experts.

    Advice to Management

    Hire someone who has successfully run a Finance or Operations organization in a hardware sales environment. OR take a good hard look at whether the several narcissists on your executive staff actually know what they are doing with the departments they run. Most have no experience with this type of business, customer, or product.


  10. Helpful (26)

    "anonymous"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Burlington, MA
    Former Employee - Anonymous Employee in Burlington, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Avid Technology (More than 5 years)

    Pros

    Avid was made up of very talented people who had a passion for the product. It was a very creative environment for a long time. It was at one time a great place to work - sorry, finding it hard to find anything 'pro' about Avid anymore.

    Cons

    Upper management is money hungry and led by a self-absorbed CEO. His ego is in the way of allowing Avid to ever recover. He's more interested in the next house he's buying than the health of the business.

    Advice to Management

    The Board needs to wake up and get rid of the Chairman of the Board (aka CEO)!!! He has destroyed what was left of Avid when he came on board 4 years ago.


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