Saturday, October 22, 2016
  • Friday, Nov. 26, 1999
Avid Begins Restructuring

Following disappointing financial results this year and the recent resignations of chairman/CEO William Miller and COO Clifford Jenks (SHOOT, 11/5, p.1), Tewksbury-based Avid Technology Inc. (NASDAQ: AVID) has laid off nearly 200 employees as part of its restructuring plan.

The layoffs—...

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