Avid plans to cut 410 jobs, sell 3-D unit
Avid Technology Inc. of Tewksbury, the leading maker of professional audio and video editing software, is laying off 410 full-time employees - 15 percent of its workforce - dismissing another 90 contract workers, and selling off its Softimage 3-D game animation software business in a major restructuring. (Full article: 323 words)
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