Evernote fires almost all employees and moves to Europe
Evernote has laid off most of its US workforce. After the successful takeover by the Italian company Bending Spoons, the company is now moving to Europe. The backgrounds.
It was already announced in November 2022 that the Italian technology company Bending Spoons wanted to take over the Evernote cloud note-taking service. At the beginning of 2023, the takeover was done. The first mass layoffs followed in February: 129 employees had to go.
Evernote lays off US workforce and moves to Europe
The next wave of layoffs followed. Evernote shared that in one official blog post with. Accordingly, the company would have informed its employees of the termination on July 5, 2023.
According to reports, almost the entire US workforce will be affected. Also: an office in Chile. Meanwhile, Bending Spoons CEO Francesco Patarnello justified the decision with Evernote’s move to Europe. For this it says:
On June 23rd, we notified Evernote employees that we would be relocating the majority of our operations to Europe, home of our parent company, Bending Spoons. We are taking this step to increase operational efficiencies and make the most of the Bending Spoons employer brand, which is extremely strong in Europe.
Evernote Cost: Price increase after acquisition by Bending Spoons
According to Patarnello, the affected employees will receive a comprehensive severance package, which will include continued salary payments for four months and up to one year of health insurance coverage.
Previously, Bending Spoons had already turned Evernote’s subscription model upside down and increased the prices. Since May 2023, there have only been tariffs in addition to the free subscription Evernote Personal and Evernote Professional. Since then, the personal subscription has cost EUR 12.99 per month instead of EUR 7.99.
The monthly subscription for the Professional tariff now costs EUR 14.99 instead of EUR 9.99. Alternatively, Evernote also offers an annual subscription. Specifically, this means: 99.99 euros per year for the personal package and 129.99 euros for the professional subscription. What effects the Evernote move to Europe and the increased prices will have is not yet foreseeable.
Bending Spoons said, “Our plans for Evernote are as ambitious as ever: Going forward, a dedicated (and growing) team based in Europe will continue to be responsible for the Evernote product.”
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