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Tuesday, May 28, 2024

Evernote has laid off most of its US workers and can transfer most operations to Europe

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Be aware-taking firm Evernote has laid off most of its US- and- Chile-based workers, the company announced yesterday. Now Italian dad or mum firm Bending Spoons is taking most of Evernote’s operations to Europe.

The corporate says the step is meant to “enhance operational effectivity and to profit from the Bending Spoons employer model, which is extraordinarily robust in Europe.”

Bending Spoons acquired Evernote in November final 12 months, and on the time, Evernote CEO was quoted as saying the deal would assist the corporate work on constructing new options, utilizing Bending Spoons’ “confirmed app experience and big selection of proprietary applied sciences.” The corporate beforehand laid off 129 staff in February, with a Bending Spoons consultant telling Tech Crunch on the time that the corporate’s unprofitable nature was “unsustainable in the long run.”

Evernote mentioned in its announcement yesterday that its workers had been informed on July fifth that the layoffs would occur, and has provided the workers 16 weeks of severance, a efficiency bonus, and as much as a 12 months’s value of medical insurance protection.

Evernote turned one of many first fashionable note-taking apps when it launched in 2008, however has struggled for the reason that mid-2010s as different, related apps started to steal a few of its thunder and the corporate has discovered itself slowed down in messes of its personal making. After weathering complaints about it’s app’s bugginess and shedding several executives, Evernote someway made it out of its “demise spiral” of 2016, a 12 months wherein it raised prices and was compelled to renege on a controversial privacy policy that beforehand gave no choice to choose out of workers customers’ content material.

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We’ve reached out to each Evernote and Bending Spoons for remark.



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