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

TL;DR Summary
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.
- Evernote has laid off most of its US staff and will move most operations to Europe The Verge
- Evernote is relocating to Europe after laying off most of its US workforce Engadget
- Evernote Lays Off Most of Staff, Triggering Fears of Closure Thurrott.com
- Bay Area tech firm relocating to Europe, lays off most staff SFGATE
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
72%
280 → 79 words
Want the full story? Read the original article
Read on The Verge