Evernote has laid off the majority of its US and Chile-based employees. As a part of the layoffs, the Italy-based parent company Bending Spoons is moving Evernote’s operations to Europe.
According to a report by Techcrunch, Bending Spoons acquired Evernote in November 2022, and at the time, Evernote CEO was quoted as saying the deal would help the company work on building new features, using Bending Spoons\u2019 \u201cproven app expertise and wide range of proprietary technologies.\u201d In February, the company slashed 129 employees, with a Bending Spoons representative saying that the company\u2019s unprofitable nature was \u201cunsustainable in the long term,\u201d the report added.
Francesco Patarnello, Evernote CEO, in a blog post, said,
\u201cOn June 23, we announced to Evernote employees that most of our operations will be transitioned to Europe, the home of our parent company, Bending Spoons. We\u2019re taking this step to boost operational efficiency and to make the most of the Bending Spoons employer brand, which is extremely strong in Europe.<\/span>
Unfortunately, this transition required that most of our Chile- and US-based employees be laid off, and on July 5 the layoff communication took place. We\u2019re committed to supporting those impacted with a substantial separation package. In most cases, this package includes 16 weeks of salary, up to one year of health insurance coverage, and a performance bonus, paid pro-rata as if the year-end performance targets have already been achieved. We\u2019re also offering additional support to those in need, such as impacted individuals who are on a visa.<\/span>
Our plans for Evernote are as ambitious as ever: Going forward, a dedicated (and growing) team based in Europe will continue to assume ownership of the Evernote product. This team will 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.<\/span>
We\u2019re extremely thankful for the efforts and commitment of all our departing colleagues, and we wish them the very best for the future.\u201d<\/span><\/div>\n