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Avid Technology cutting another 120 employees

By D.C. Denison
Globe Staff / December 5, 2009

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Avid Technology Inc. , which develops digital editing systems, is laying off 120 employees in an effort “to align its expense structure,’’ according to a regulatory filing. Avid said it expects to incur expenses of $7 million to $9 million related to the firings. (Full article: 183 words)

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