Just two weeks ago, we reported that Evernote had lost several of its most senior executives, including its CTO Anirban Kundu, CFO Vincent Toolan, CPO Erik Wrobel and head of HR Michelle Wagner. 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. To wit, he’s firing dozens of them. At an 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.This doesn't necessarily mean that Evernote is kaput: many companies shed employees as they restructure in an attempt to become profitable once again. But it really doesn't look good. Letting go of employees is one thing, but when a company's board jumps ship, en masse, along with those terminations, all signs point towards very bad things. If you're using Evernote, or any other cloud-based storage or note-taking service, consider making local copies of all your important information. You never know when the cloud is going to let you down. Image by User:ZyMOS - This W3C-unspecified vector image was created with Inkscape.Open Icon Library, Public Domain, Link
Wednesday, 19 September 2018
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