Evernote is relocating to Europe after laying off most of its US workforce | Engadget

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Evernote has reduce most of its workforce. In a press release shared by SFGate, Bending Spoons, the Milan-based app developer that purchased the corporate final November, mentioned on Friday that it has laid off almost all Evernote workers within the US and Chile. Bending Spoons plans to transfer most of the corporate’s remaining operations to Europe. The layoffs come lower than six months after the agency reduce 129 jobs at Evernote as a result of the app had been “loss-making for years.” Bending Spoons didn’t share precisely what number of workers had been affected by this newest spherical of layoffs. A scan of LinkedIn exhibits that some software program engineers who’ve labored at Evernote for a number of years misplaced their jobs on Friday.

“Our plans for Evernote are as formidable as ever: going ahead, a rising, devoted staff primarily based in Europe will proceed to personal the Evernote product,” mentioned Bending Spoons CEO Luca Ferrari. SFGate. “This staff will even be ideally positioned to leverage the in depth expertise and energy of Bending Spoons’ greater than 400 workers, many of whom have been engaged on Evernote full-time for the reason that acquisition.” Ferrari added that Bending Spoons will present affected staff with 16 weeks’ pay, a prorated efficiency bonus and up to one 12 months of medical insurance.
How the corporate plans to make Evernote profitable in a market crowded with opponents like Notion and Obsidian Ferrari is unclear. No matter Bending Spoons has deliberate for Evernote, there is not any denying that this is yet one more low level for what was as soon as one of the most in style downloadable note-taking apps and an early darling of the App Retailer increase. Evernote was valued at $1 billion at its peak, however lately, lack of consideration and buggy software program have left the corporate a shell of itself.

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