Rumors flow that memo application `` Evernote '' has fired almost all of its staff


by

Focal Foto

Hacker News, a social news site, has reported that the memo app Evernote , which helps organize and share all kinds of information such as notes, images, videos, and PDF files, has fired almost all employees who remained in the company.

Tell HN: Nearly all of Evernote's remaining staff has been laid off | Hacker News
https://news.ycombinator.com/item?id=36609641



Evernote is a memo app service company founded in 2000 by Stepan Pachkov. In 2007, co-founder Phil Libin became CEO, increasing the number of users to 11 million and the corporate value to $ 1 billion (about 144 billion yen).

However, after that, due to the rise of competing services from other companies, growth slowed, and in 2015, about 18% of all employees were dismissed and several offices were closed.

Evernote dismisses employees globally for organizational restructuring - GIGAZINE


by Sebastian Jaramillo

In addition, Evernote revised its service contents and fees in 2016, limiting the number of terminals that free users can synchronize to two, and the paid version was also increased by 1.5 times. Criticism that the limit on the number of terminals that free users can access was ``improved'' from the viewpoint of impairing the user experience was raised.

Evernote raises the price by 1.5 times & implements ``improvement'' that limits the number of free version sync terminals to 2 - GIGAZINE



Evernote also dismissed about 15% of all employees in 2018 due to the company's overexpansion and correction of inefficiency. At that time, many senior executives, including the chief technology officer, resigned from Evernote. After that, Evernote was rebuilt by the newly appointed CEO Ian Small, and the number of paid users recovered to millions and ordinary income reached 100 million dollars (about 14 billion yen).

In 2022, Bending Spoons , a major European IT company that handles video editing app Splice and image correction app Remini , announced that it would acquire Evernote. At that time, Luca Ferrari, CEO of Bending Spoons, said, ``We will continue to work hard so that Evernote can be further evolved,'' and revealed that Evernote's service will continue.

European IT company Bending Spoons to acquire memo application 'Evernote' - GIGAZINE



On the other hand, in February 2023, Bending Spoons reportedly dismissed 129 Evernote employees. An Evernote spokesperson told TechCrunch, an overseas media outlet, ``The company has been in a bad financial situation for many years, and it was impossible to operate in the long term. Therefore, dismissing employees was an inevitable decision. was.”

However, in May 2023, Evernote announced that it would further raise prices while adding new features that utilize AI. As of 2021, the “PERSONAL” plan, which was 680 yen per month and 5800 yen per year, will be 1100 yen per month and 9300 yen per year. The 'PROFESSIONAL' plan, which was 850 yen per month and 8500 yen per year, was raised to 1550 yen per month and 12,400 yen per year.

On July 6, 2023, a thread was set up on Hacker News saying, 'Almost all of Evernote's remaining employees have been dismissed.' The user named baron816 who started the thread said, ``Bending Spoons, which took over Evernote's business, will raise the price of the service and will use the revenue earned to expand new features. I just want to know how you're going to carry out that schedule without me.' 'If you're still using Evernote, it's time to stop using it,' he advises.


by Brooks Duncan

Regarding the cause of Evernote's decline, one user said, ``Evernote had a large number of paying users, but due to the drastic price increase and bug-filled user experience, I was overconfident that I was the top of the industry, and I was overconfident with competitors. That's why we turned away from the competition,' he said . In addition to Evernote, we also recommend high-quality, low-cost memo apps and software such as Google Docs , Dropbox Paper , and Notion .

Also, ``Evernote has been trying to convert free users to paid users by revising the service content, making functions that could be done free of charge until now. Explain the reason for charging honestly like Evernote. However, it is almost impossible to regain trust once lost .'

in Software, Posted by log1r_ut