At an all-hands meeting earlier today, he told gathered staffers that Evernote has no choice but to lay off 54 people - roughly 15 percent of the company’s workforce - and to focus its efforts instead around specific functions, including product development and engineering.Įvernote has yet to publicly comment on these layoffs, but they follow a report earlier this month that suggested the company was in a “death spiral” amid flat user growth, both i terms of paid users and active users. Now, Chris O’Neill - who took over as CEO of Evernote in 2015 after running the business operations at the Google X research unit - is sharing more demoralizing news with employees. This round of layoffs reportedly comes as Evernote wants to focus its efforts around product development and engineering: Now, TechCrunch reports that Evernote has cut roughly 15 percent of its workforce, a move that was announced to employees today at an all-hands meeting.Īccording to the report, Evernote CEO Chris O’Neill told employees that the company had “no choice” but to lay off 54 employees – which equates to roughly 15 percent of its workforce.
Earlier this month, a report suggested that Evernote was in a “death spiral” as it cycled through several of its most senior executives.
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