Saturday, December 5, 2009

[Avid-L2] Re: Boston Globe: Avid Laying off 120

I hate to say it, but in this economy, reducing a worldwide force of 2200 by 120 employees is not unreasonable. Sucks if you're one of the 120, but otherwise it probably makes sense.

Hopefully a corporate office move yields cheap rent to offset the cost of the move itself. That isn't insignificant, once you factor in all the little stuff, like just the change in letterhead.

Does that mean a lot of Daly City moves to Burlington as well?

- Oliver

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