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   Message 26,690 of 27,547   
   Blue state disasters to Molly Bolt   
   Re: Bay Area tech company Evernote lays    
   10 Jul 23 07:16:37   
   
   XPost: alt.fan.rush-limbaugh, ca.politics, sac.politics   
   XPost: talk.politics.guns   
   From: blue.state.disasters@latimes.com   
      
   Molly Bolt  wrote in   
   news:8d3fdbc4-66c0-45d7-a0eb-f2a03c175060n@googlegroups.com:   
      
   > Nancy Pelosi, Gavin Newsom, Kamala Harris, Xavier Becerra, they all   
   > bear responsibility for this.   
      
   Evernote, the note-taking app once heralded by Engadget as the “king of   
   note-taking apps,” has laid off most of its staff as it prepares to exit   
   the Bay Area and relocate nearly all operations to Europe.   
      
   The Redwood City-based note-taking company — which has weathered all   
   manner of tumult over the past decade, capped off last November by the   
   sale of the company to Italian app maker Bending Spoons — axed nearly   
   all its employees in the United States and Chile, according to a   
   statement from Bending Spoons CEO Luca Ferrari provided to SFGATE.   
      
   Most of the company’s “operations will be transitioned to Europe,”   
   Ferrari said in the statement, due to the “significant boost in   
   operational efficiency that will come as a consequence of centralizing   
   operations in Europe.”   
      
   The layoffs come less than six months after the company eliminated 129   
   workers — a decision that came as a result of the company’s   
   unprofitability making it “unsustainable in the long term," a   
   spokesperson told TechCrunch at the time.   
      
   A former darling of the productivity world, Evernote was hit by rounds   
   of mass layoffs in 2015 and 2018 as the company attempted to expand   
   rapidly outside of its note-taking niche. (The latter layoff round came   
   shortly after an executive exodus). As it floundered, buzzy upstarts   
   like San Francisco-based Notion came into the fold, while Apple and   
   Microsoft beefed up their in-house note-taking apps.   
      
   Bending Spoons announced last year it surpassed $100 million in annual   
   revenue. It also snagged a $340 million funding round backed by Italian   
   banking giants and Maximum Effort, Ryan Reynolds’ company. There are no   
   mentions of Evernote’s profit — or unprofitability — in Ferrari’s latest   
   statement.   
      
   A spokesperson also did not respond when asked how many workers,   
   specifically, were affected by the layoffs. According to LinkedIn posts   
   from affected workers, employees in engineering and IT were affected.   
      
   “Our plans for Evernote are as ambitious as ever: Going forward, a   
   growing, dedicated team based in Europe will continue to assume   
   ownership of the Evernote product,” Ferrari added. “This team will also   
   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.”   
      
   The company will provide 16 weeks of salary and a prorated performance   
   bonus, up to one year of health insurance and visa support to employees   
   affected.   
      
   Hear of anything going on at Evernote or another Silicon Valley tech   
   company? Contact SFGATE tech editor Joshua Bote securely on Signal at   
   707-742-3756 or email him at joshua.bote@sfgate.com.   
      
   https://www.sfgate.com/tech/article/evernote-layoffs-moving-to-europe-181   
   90083.php   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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