Evernoterelocating

Evernote is relocating to Europe after laying off most of its US team

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Evernote has axed most of its team. In a assertion shared with SFGate, Bending Spoons, the Milan-basically basically based app developer that purchased the company final November, acknowledged Friday it had laid off the massive majority of Evernote’s employees in the US and Chile. Bending Spoons plans to wander a range of the company’s closing operations to Europe. The layoffs come no longer as a lot as six months after the agency slit 129 positions at Evernote for the explanation that app had been “unprofitable for years.” Bending Spoons didn’t share exactly how many employees contain been stricken by this most in trend spherical of layoffs. A scan of LinkedIn unearths some instrument engineers that had been with Evernote for a couple of years misplaced their jobs on Friday.

“Our plans for Evernote are as formidable as ever: Going forward, a rising, devoted personnel basically basically based in Europe will continue to think ownership of the Evernote product,” Bending Spoons CEO Luca Ferrari instructed SFGate. “This personnel will moreover be in a noteworthy unbiased to leverage the vast abilities and strength of the 400-plus team at Bending Spoons, many of whom contain been engaged on Evernote full-time for the explanation that acquisition.” Ferrari added Bending Spoons would supply affected employees with 16 weeks of salary, a prorated performance bonus and as a lot as one 300 and sixty five days of successfully being insurance.

How the company plans to plot Evernote worthwhile in a market crowded with opponents admire Conception and Obsidian Ferrari did no longer allege. Whatever Bending Spoons has deliberate for Evernote, there could be no denying this marks another low level for what turned into once one amongst the extra in trend repeat-taking apps it is seemingly you’ll maybe maybe maybe also download and an early darling of the App Retailer bellow. Evernote enjoyed a valuation of $1 billion at its prime, nonetheless a lack of focal level and buggy instrument left the company a shell of itself in new years.

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