Evernote has axed most of its workforce. In a statement shared with SFGate, Bending Spoons, the Milan-based app developer that bought the company last November, said Friday it had laid off nearly all of Evernote's employees in the US 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 firm cut 129 positions at Evernote because the app had been "unprofitable for years." Bending Spoons didn't share exactly how many employees were affected by this latest round of layoffs. A scan of LinkedIn reveals some software engineers that had been with Evernote for a few years lost 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 told 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 provide affected employees with 16 weeks of salary, a prorated performance bonus and up to one year of health insurance.
How the company plans to make Evernote successful in a market crowded with competitors like Notion and Obsidian Ferrari did not say. Whatever Bending Spoons has planned for Evernote, there's no denying this marks another low point for what was once one of the more popular note-taking apps you could download and an early darling of the App Store boom. Evernote enjoyed a valuation of $1 billion at its height, but a lack of focus and buggy software left the company a shell of itself in recent years.
This article originally appeared on Engadget at https://ift.tt/7qNRc8gfrom Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics https://ift.tt/7qNRc8g
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