I applied through a recruiter. The process took 2 days. I interviewed at Informatica (Redwood City, CA) in Jan 2010
Interview
Standard interviewing process. Phone interview is the used as the filter just like every other company. After you clear that, you are invited to the onsite interview where you are being interviewed by 4 or 5 people (one at a time). The Vice President usually comes in for the final round. The interviews are fairly rigorous but not impossible. They make sure that you know what you say you know.