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Be aware-taking firm Evernote has laid off most of its US- and- Chile-based workers, the corporate introduced yesterday. Now Italian mum or dad firm Bending Spoons is taking most of Evernote’s operations to Europe.
The corporate says the step is meant to “increase operational effectivity and to take advantage of the Bending Spoons employer model, which is extraordinarily sturdy in Europe.”
Bending Spoons acquired Evernote in November final yr, 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 employees 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 have been informed on July fifth that the layoffs would occur, and has provided the staff 16 weeks of severance, a efficiency bonus, and as much as a yr’s price of medical insurance protection.
Evernote turned one of many first standard note-taking apps when it launched in 2008, however has struggled because the mid-2010s as different, comparable 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 a number of executives, Evernote in some way made it out of its “dying spiral” of 2016, a yr by which it raised costs and was compelled to renege on a controversial privateness coverage that beforehand gave no choice to decide out of workers taking a look at customers’ content material.
We’ve reached out to each Evernote and Bending Spoons for remark.
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