Avid Divests Consumer Business

July 2, 2012, 02:56 PM

http://blog.devoncroft.com/2012/07/02/avid-divests...

Avid announced that it is selling off its struggling consumer business in a series of separate transactions. Avid also said that it is undertaking a 20 percent workforce reduction, which includes the employees being transferred as part of the sale of its consumer business.

Log in to comment.

© 2007-2021 www.aotg.com Ver. 3.0 All Content created and posted by Art of the Guillotine users Art of the Guillotine graphics, logos, designs, page headers, button icons, scripts, and other service names are the trademarks of Art of the Guillotine Inc. Use of this material outside of this site is strictly prohibited.