Summary

Evernote continues to face competition from Apple Notes, Google Notes, and Microsoft OneNote. The company states that it is moving its centre of operations to Europe, where its parent firm, Bending Spoons, is based. As part of the restructuring process, Evernote has initiated layoffs, and affected workers will receive severance packages during the transition.

Evernote’s Restructuring Efforts

Note-taking platform Evernote is laying off a significant number of its employees based in Chile and the US. The company aims to restructure its operations for long-term growth. This decision follows a previous round of layoffs in February when 129 workers were let go due to financial challenges. Despite its initial success in enabling users to take online notes and synchronize them across devices, Evernote faced tough competition from native note-taking apps launched by smartphone OEMs such as Apple, Google, and Microsoft. Several Evernote functionalities remain behind paywalls, whereas apps like Apple Notes, Google Notes, and Microsoft OneNote are available for free.

Transition to Europe

In a blog post, Evernote announced that it is moving its centre of operations to Europe, taking advantage of the expertise and workforce of over 400 employees at its parent company, Bending Spoons. The company assures affected workers of severance packages, including 16 weeks of salary, up to one year of health insurance coverage, and a performance bonus. Evernote also pledges additional support for those requiring assistance with visa-related work.

Impacted Employees Seeking New Opportunities

Some of the impacted Evernote employees have begun exploring job opportunities on LinkedIn. Jordan Jones, a former IT administrator and systems engineer at Evernote, shared a post stating that his role had been affected by the recent layoffs. While expressing gratitude for his time at Evernote, Jones mentioned his plans to pursue new endeavors.