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Earlier this month, a report suggested that Evernote was in a "spiral of death" as he was passing through several of his senior leaders. Now, TechCrunch reports that Evernote cut about 15% of its workforce, which was announced to employees at an all – round meeting.
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According to the report, Evernote CEO Chris O'Neill told his employees that the company had "no choice" to fire 54 employees, which represents about 15% of its workforce. Evernote wants to focus on product development and engineering:
Chris O'Neill – who headed Evernote in 2015 after leading the business operations of the Google X Research Unit – shares demoralizing news with his employees. In fact, he pulled dozens. At an all-out meeting today, he told assembled staff that Evernote had no choice but to lay off 54 people – about 15 percent of the company's workforce – and focus its efforts on specific functions, including product development and engineering.
Evernote has not yet publicly commented on these layoffs, but they are following a report released earlier this month that suggested the company was in a "spiral of death" in the midst of user growth, both paid users and active users.
In 2016, Evernote was confronted with a massive privacy scandal, with details of its privacy policy suggesting that company employees read your notes. Although the company has done its best to explain itself, privacy issues have caused many users to visit other note-taking platforms.
It remains to be seen what the future holds for Evernote, but if these two reports this month are only an indication, the company is certainly facing tough times. Are you still using Evernote or have you chosen another note-taking platform? Let us know in the comments.
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