Evernote Layoffs
February 2023
Evernote announced a layoff affecting 129 employees in February 2023. The company operates in the Consumer sector.
129
Feb 17, 2023
About
In February 2023, Evernote, the note-taking and task management app, laid off 129 employees following its acquisition by Milan-based app developer Bending Spoons. The layoffs, which occurred on February 17, affected a wide range of teams including product design, engineering, HR, sales, customer service, and marketing. A company spokesperson stated the decision was difficult but necessary, citing Evernote's long-term unprofitability as unsustainable. This move appears aimed at restructuring the company for profitability under its new corporate parent, despite Bending Spoons' own strong financial position, including a recent $340 million funding round. The layoffs reflect ongoing challenges for Evernote in a competitive market against rivals like Notion.
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