May 5, 2024

La Ronge Northerner

Complete Canadian News World

Evernote is moving to Europe after laying off most of its workforce in the United States

Evernote is moving to Europe after laying off most of its workforce in the United States

Evernote has eliminated most of its workforce. In a joint statement with SFGateBending Spoons, the Milan-based app developer that bought the company last November, said Friday that it has laid off nearly all Evernote employees in the United States and Chile. Bending Spoons plans to move most of the company’s remaining operations to Europe. The layoffs come less than six months after the company was founded Cut 129 jobs in Evernote because the app has been “unprofitable for years”. Bending Spoons hasn’t shared exactly how many employees have been affected by this latest round of layoffs. Scan for Linkedin reveals Some software engineers who have worked with Evernote for a few years lost their jobs on Friday.

“Our plans for Evernote are as ambitious as ever: going forward, a growing and dedicated team in Europe will continue to take ownership of the Evernote product,” said Bending Spoons CEO Luca Ferrari. SFGate. “This team will also be ideally positioned to benefit from the broad experience and strength of Bending Spoons’ more than 400 workers, many of whom have worked on Evernote full-time since the acquisition.” Ferrari added that Bending Spoons will provide affected employees with 16 weeks of salary, a split performance bonus, and up to one year of health insurance.

How does the company plan to make Evernote successful in a crowded market with competitors like Notion and Microsoft? obsidian Ferrari didn’t say. Whatever Bending Spoons has planned for Evernote, there’s no denying that this marks another low point for what was once one of the most popular note-taking apps you could download and an early darling of the App Store boom. Evernote enjoyed a billion-dollar valuation in its heyday, but a lack of focus and buggy software have left the company a shell of itself in recent years.

See also  Baldur's Gate 2 has been updated with FidelityFX Supersolution 2.2 support

All products recommended by Engadget are selected by our editorial team, independently of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publication.