[Tim Wilson] “Avid development is on a huge roll right now. Did you really check out Avid’s NAB stories? Hugely ambitious, with a scope all-but-unmatched in a year of largely incremental announcements elsewhere”
That’s the problem, Tim. Avid is getting hammered for what many see as unrealistic goals based on the overall market and it’s marketshare. I really don’t think they have a vision of what the “restructured” Avid is going to look like in 2017. What is this “huge development” roll going to do right now? I mean, the PR department is pretty good because we see all these releases about what film was cut on Avid and that some community college in Connecticut just bought a storage system, but what is the goal in realistic terms?
They are losing money, taking on debt and still have another employee adjustment supposedly coming this week. Oh, and how about a forced furlough at the end of a financial quarter for upper ranks and a “suggested” furlough for lower ranks just to show their loyalty to the company just for yucks? All the while paying tens of millions of dollars out in upper management bonuses (and their CFO quit in April or sometime recently).
I made a good living on Avid up until about a decade ago when it started to become harder to find a system to use. I like the product with friends still working at Avid, but I am with Bob in that I think the company is rotten at many places at the top. It just feels like a “break up and sell” policy happening. Just my own humble opinion. It’s gotta be a shitty place to work right now and if I am Adobe or BMD, I am doing what it takes to pick off the best and brightest left over there.
Scott Witthaus
Senior Editor/Post Production Supervisor
1708 Inc./Editorial
Professor, VCU Brandcenter