FRAMINGHAM (08/11/2000) - Database and tools vendor Informix Corp. said this week it will lay off nearly 500 employees as part of a restructuring plan that has condensed its five business areas into two units. After the job cuts, Informix's total head count will be approximately 3,800. Menlo Park, Calif.-based Informix also revealed it will take a third-quarter restructuring charge of between US$75 million and $90 million, followed by a further restructuring charge of between $10 million and $15 million during the first half of next year.
- Business transforms when it comes together | Unite your IT , Ops, and Applications teams with shared solutions. Get Ready - Red Hat Cloud
- Upskill your Team. Transition your Career. Cyber Security Foundation & Practitioner™ instructor-led course, for anyone needing a solid understanding of Cyber Security.