Avid Technology - Recent second round of layoffs, most people demoralized. | Glassdoor
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There are newer employer reviews for Avid Technology

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"Recent second round of layoffs, most people demoralized."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Software Engineer in Daly City, CA
Current Employee - Software Engineer in Daly City, CA
Doesn't Recommend
No opinion of CEO

Pros

Great products, amazing people (whats left of them), good holiday package, interesting work.

Cons

Off shoring train wreck in progress.
Low pay.
People demoralized by layoffs.
Fear of project cancellations.

Advice to Management

You need to find some vision or move on. Reducing costs without investing in high growth technology is a recipe for fail.

Other Employee Reviews for Avid Technology

  1. Helpful (5)

    "Still something that can be saved"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Tewksbury, MA
    Former Employee - Manager in Tewksbury, MA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Great technology, great engineering teams with tremendous skills and industry understanding. The bottom rungs of this company have what it takes. The basic IP is still valid. The opportunity in the marketplace can be lost, and Avid is no longer a leader, but its still in the game.

    Cons

    Board flushed the CEO on down to just above the director level, and replaced with folks without any industry understanding or experience. Embraced the wrong internal messages from the remaining ladder climbers and have already paid a high price; then reversed direction again. The marketplace moves forward while products and resource direction flips and flops in MA.

    Advice to Management

    Board should seek industry expertise to replace layers of business only, M&A, and operations focused management team. Skip looking at middle management within, and either seek direction from the "makers" level, or find it outside. Current death spiral can still be avoided, but not without Avid finding its central value proposition again.


  2. Helpful (2)

    "Avid was a troubled company"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fellow in Boston, MA
    Former Employee - Fellow in Boston, MA
    No opinion of CEO

    Pros

    flexibility, challenging problems, good co-workers

    Cons

    support for new projects was minimal

    Advice to Management

    software is entering a new era - software needs to be highly integrated with the web and must monitor and track usage patterns and release updates constantly


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

See Most Recent

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