Informix has closed its UK City of London office, which it opened to great fanfare 18 months ago as the base for an all-out assault on Sybase?s large installed base in the financial community.
The ailing database supplier has now moved staff to smaller accommodation up the road - the sales team has dwindled from eight to two.
It had hoped to take advantage of the misfortunes of rival Sybase, which was itself suffering financially at the time, but has since fallen victim to a similar fate.
Sources claim that, although Informix had been unable to get rid of the lease to its former office, it had now moved to managed accommodation in Broadgate on a short term let basis because of its reduced team.
But Barbara Stanley, Informix? UK marketing director, said: ?We were in an office that was on the outskirts of the City, but we?ve now moved to Broadgate. It?s slightly smaller, but that?s not to say we?re de-committing from the finance sector. We?re looking at our business and costs and how to make savings without disrupting the business. We?re not running it down. The other office was too big and we?re moving closer to our customers and partners in the City.?
She added that she did not know whether Informix was still paying the lease on the old office, but said she was sure another tenant had already moved in, although she was unable to supply names.
She also said it was impossible to confirm how many sales staff were employed in the City office because so many people used it as a base, but she categorically denied that Informix intended to shut its European headquarters in Ashford to move staff into the UK headquarters in Bedfont Lakes.
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