NASDAQ are reporting that at least two Avid Executives are gone. COO Kirk Arnold and Vice President of Finance, Jason Burke are gone in this latest Avid cull.
Not wishing bad things on anyone, but it does feel slightly less upsetting to know that at least some Avid Execs are going in this latest cull. I’m guessing there’s a golden handshake for their troubles, that will keep them in microwave meals for a few decades.
I’m not sure if those at the bottom of the food chain will be as kindly remunerated as they clear their desks.