Evernote Shifts Operations to Europe, Laying Off Majority of US Staff

1 min read
Source: The Verge
Evernote Shifts Operations to Europe, Laying Off Majority of US Staff
Photo: The Verge
TL;DR

Note-taking company Evernote has laid off most of its US and Chile-based employees as its Italian parent company, Bending Spoons, plans to move most of its operations to Europe. The move is aimed at improving operational efficiency and leveraging Bending Spoons' strong employer brand in Europe. Evernote, which has faced challenges in recent years, including app issues and executive departures, previously laid off 129 workers in February. The affected employees have been offered severance packages and health insurance coverage.

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