Evernote has axed most of its workforce. In a press release shared with SFGate, Bending Spoons, the Milan-based app developer that purchased the corporate final November, stated Friday it had laid off practically all of Evernote’s workers within the US and Chile. Bending Spoons plans to maneuver many of the firm’s remaining operations to Europe. The layoffs come lower than six months after the agency lower 129 positions at Evernote as a result of the app had been “unprofitable for years.” Bending Spoons did not share precisely what number of workers had been affected by this newest spherical of layoffs. A scan of LinkedIn reveals some software program engineers that had been with Evernote for a couple of years misplaced their jobs on Friday.
“Our plans for Evernote are as formidable as ever: Going ahead, a rising, devoted staff based mostly in Europe will proceed to imagine possession of the Evernote product,” Bending Spoons CEO Luca Ferrari informed SFGate. “This staff will even be in a great place to leverage the intensive experience and power of the 400-plus workforce at Bending Spoons, a lot of whom have been engaged on Evernote full-time because the acquisition.” Ferrari added Bending Spoons would supply affected workers with 16 weeks of wage, a prorated efficiency bonus and as much as 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 didn’t say. No matter Bending Spoons has deliberate for Evernote, there isn’t any denying this marks one other low level for what was as soon as one of many extra well-liked note-taking apps you could possibly obtain and an early darling of the App Retailer growth. Evernote loved a valuation of $1 billion at its top, however an absence of focus and buggy software program left the corporate a shell of itself in recent times.
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