Informix to lay off nearly 500 employees

U.S. database and tools vendor Informix Corp. is to lay off nearly 500 employees, a spokesman for the company confirmed Thursday.

The staff cuts are largely due to the vendor’s restructuring plan unveiled late Wednesday, whereby Informix has condensed its five business areas into two units, the spokesman said.

“It’s all about growth, positioning the company for growth,” the spokesman for Informix, who declined to be identified, said. “It will enable Informix to better sell its products into the marketplace.”

After the job cuts, Informix’s total headcount will be in the order of 3,800 staff, down from its previous level of 4,300 employees. However, the vendor does plan to fill open slots in its sales and sales support operations, which will bring the total number of staff up to between 3,900 and 4,000 people, according to the spokesman for Informix.

As well as announcing its restructuring plans Wednesday, Informix also revealed it will take a third-quarter restructuring charge of between US$75 million and $90 million to support the move, followed by a further restructuring charge of between $10 million and $15 million during the first half of next year.

Informix, in Menlo Park, Calif., can be reached at

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now