Ailing relational database supplier, Informix, has confirmed it axed 17% of its European workforce over the past few weeks, despite claims by its UK subsidiary that no "mass layoffs" were under way.
As he prepared to meet financial analysts in New York last Tuesday, Informix chief executive, Phil White, confirmed that 200 jobs had been cut across Europe, approximately 17% of the 1,200-strong European workforce.
The percentage is higher than the 10% global headcount reduction, which the company said it planned to make following its first quarter loss of $140 million (#87.5 million). When the results were announced, Europe was singled out for criticism for its lacklustre performance. The company has already cut 100 US jobs and closed down its Japanese operation.
The European cuts - which are not focused on any one business area - come despite denials from UK executives in recent weeks. Barbara Stanley, Informix UK marketing director, told VNU Newswire earlier this month: "I don't think the policy is to get rid of people in dribs and drabs, and we don't intend to have mass layoffs in Europe."
But a US spokesman confirmed last week that jobs had been cut through a combination of layoffs and attrition for several weeks.
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