Apparently a swath was cut through the Avid ranks yesterday. Haven't been able to find out how many or who. Guess we'll have to wait until the conference call tomorrow to find out what happened. :-(

Hope everyone land back on their feet.

 I'm wondering which divisions suffered the most.  R & D?

Larry, I am confused by your hotlink.

Dom:

What hotlink are you referring to?  I'm confused, too!

 Ok, I see the hotlink in the return email but not in the post. That was meant for a different thread, I don't know how it got into this one - I did not paste it here.

Yeah...I kinda took out the link. I knew it was a mis-fire so I killed it.

 Thanks, Todd. Have no idea how that happened. That was pasted in the "Import WMV files..." thread.

Does not sound good, will Avid survive a 2 year depression or are they still fat with money? 

About 400 jobs to go + 100 Softimage transfer.

 Nick, any word on what divisions?

They said across the board, they mentioned they have 7 divisions  between Pro video, consumer video and audio with lots of duplication of posts.

$50 Million in annual savings.

They have sold Softimage to Autodesk but will retain the Avid DS team in Canada.

I also got the impression they want much closer ties with Digidesign and Pro video.

[EDITED for speculation]

Hope that helps.

[Mod Edit] Nick, please refrain  from the speculation or I will have to remove the whole post.

 There are a couple of Avid people I've come to know through their incredible online support. I hope they are still with the company! For me, they ARE Avid.

Hi!
In the latest TVB Newsletter i can read that also Quantel and Digital Vision is in trouble.(http://tvbe.cmp-info.com/c/1dsdC25pk70zUPIGAzw) 
I belive that all companys in the video/audio production market is gonna be affacted more or less by the finical crises around the globe.
regards
Fredrik B

you dont need 50 million in savings if your bottom line is good.

this is not sepculation it is a statement