Informatics General: Difference between revisions

Revision as of 22:25, 30 July 2022

Revision as of 23:07, 30 July 2022

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The entire Informatics corporate headquarters office in Woodland Hills was let go, including Bauer.<ref name="frank-83"/> Bauer had been CEO of Informatics for its entire 23-year history, in what he believed was a record at the time for the longest period that a founding CEO had lasted in that position in a company.<ref name="bauer-oh-2-5">Johnson, "Oral History of Walter Bauer" (1995), p. 5.</ref> Bauer also believed he was the longest-tenured CEO in the computer industry at that time.<ref name="bauer-oh-2-5"/>

In reflectionReflecting on the hostile takeover process a couple of years later, he said, "I've been associated with a lot of firsts in the software industry. This was one I could have done without."<ref name="ct-somuch"/>

Sterling Software management insisted in the first years after the acquisition, and later in oral histories, that the transition had gone well, that layoffs other than at the corporate office had been minimal, and that they had brought about better performance than Informatics management had.<ref name="ct-somuch"/><ref name="oh-wyly-32"/><ref>Frank, "Achieving the American Dream", pp. 83, 96n.</ref> Informatics employees sometimes had a different perspective, as some 40 percent of the staff at the Canoga Park facility were laid off in September 1985, during a day employees called Black Thursday.<ref name="ct-somuch"/>