Evernote has axed most of its workforce. In an announcement shared with SFGate, Bending Spoons, the Milan-based app developer that purchased the corporate final November, mentioned Friday it had laid off practically all of Evernote’s 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 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 have been affected by this newest spherical of layoffs. A scan of LinkedIn reveals some software program engineers that had been with Evernote for a number of years misplaced their jobs on Friday.
“Our plans for Evernote are as ambitious as ever: Going forward, a growing, dedicated team based in Europe will continue to assume ownership of the Evernote product,” Bending Spoons CEO Luca Ferrari informed SFGate. “This team will also be in an ideal position to leverage the extensive expertise and strength of the 400-plus workforce at Bending Spoons, many of whom have been working on Evernote full-time since the acquisition.” Ferrari added Bending Spoons would offer affected workers with 16 weeks of wage, a prorated efficiency bonus and up to one yr of medical insurance.
How the corporate plans to make Evernote profitable in a market crowded with rivals like Notion and Obsidian Ferrari didn’t say. Whatever Bending Spoons has deliberate for Evernote, there is no denying this marks one other low level for what was as soon as one of the extra in style note-taking apps you may obtain and an early darling of the App Store increase. Evernote loved a valuation of $1 billion at its peak, however an absence of focus and buggy software program left the corporate a shell of itself in recent times.
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