Avid Technology - Disappointing | Glassdoor
There are newer employer reviews for Avid Technology
There are newer employer reviews for Avid Technology

See Most Recent

Helpful (5)

"Disappointing"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Manager in Iver, England (UK)
Current Employee - Manager in Iver, England (UK)
Doesn't Recommend
Disapproves of CEO

Pros

Welcoming and hard-working colleagues
Sympathetic middle management
Good basic salary and competitive benefits package
Easy location to commute to and from

Cons

Very low morale across the organisation
Unimpressive top level leadership, lacking in charisma and company vision
Annual redundancies
Working hours are stupid, worse than any organisation I've ever been at, and by some distance too
Lack of coherent vision between top and middle level management
Corporate guidance is infrequent, but when it does come it is usually sudden, 'urgent' and requires a complete change in direction or working practices, causing dislocation, confusion and stress

Advice to Management

Obviously they're not in a very strong position, given the general stagnancy of the company and our reputation in the market place, but they have to do something to earn the loyalty of the employees. Currently no one really cares about the company and its future because the company has shown through successive redundancies, dysfunction recruitment and investment decisions, lack of recognition, etc, that it doesn't particularly care about the employees.

Currently anyone who leaves is genuinely congratulated with more than a hint of envy.

Other Employee Reviews for Avid Technology

  1. Helpful (2)

    "Avid has stopped developping itself as a company 4-5 years ago"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Manager
    Current Employee - Account Manager
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The salaries and other benefits are the best in the media industry.
    Avid still has great products and solutions.
    You have the chance to work with the best customers in the industry.
    The people that get things done and know their job are a pleasure to work with.

    Cons

    There is no long term technology nor business vision,
    No real leadership with autonomy to change/improve things,
    Serious lack of trust,
    Experienced people are set aside to make place for people with no market knowledge.
    Middle Management layer is obsolete and unexperienced.

    Advice to Management

    Engage people that know the industry and have a vision of where Avid should be in 5 years from now.


  2. Helpful (2)

    "Top mgmt should resign for the sake of its shareholders...need new leadership with industry expertise"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Exciting industry to work in with cutting edge technology. Lots of opportunity to retake the top place in the industry.

    Cons

    Mgmt has way overstayed their time. Initially they did a decent job restructuring, but then only hired new senior leadership without any real industry expertise. It is very sad to see how a once great company ended up in such terrible shape financially, morally and in any other negative way. Due to the inactiveness of the BOD, the BOD probably needs an overhaul as well. A perfect example of what corp. America should not look like!

    Advice to Management

    Realize that your time has passed. You don't have anything to add to the success and future of this company. You all have amazing 'golden parachutes' so don't worry about your time after Avid! Let a new more inspiring and capable team bring Avid to new heights.


There are newer employer reviews for Avid Technology
There are newer employer reviews for Avid Technology

See Most Recent

Work at Avid Technology? Share Your Experiences

Avid Technology
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or