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Evernote Slashes 15 Percent of Its Workforce (techcrunch.com)

Evernote, one of the most popular productivity apps on the market, is struggling to stay on top of the charts. TechCrunch, after reporting two weeks that the company "lost several of its most senior executives," is reporting that Evernote's CEO Chris O'Neill on Tuesday laid off 54 people -- roughly 15 percent of the company's workforce. O'Neill said it is now focusing its efforts around specific functions, including product development and engineering. From the report: We've just been in touch with Evernote. It pointed us to a newly posted piece by O'Neill in which he outlines the company's strategy going forward, which includes to "operate with a more focused leadership team," to "operate more efficiently," and to "double down on product development -- both quality and velocity." As for its funding situation, an Evernote representative insists that things are far from dire. The company is not fundraising, says this person; further, we're told Evernote has $30 million on its balance sheet and will exit the year without burning cash. This comes after "a person who tipped TechCrunch off to the executive departments two weeks ago characterized Evernote as 'in a death spiral,' saying that user growth and active users have been flat for the last six years and that the company's enterprise product offering hasn't caught on."

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  1. Exponential growth... by Anonymous Coward · · Score: 3, Interesting

    Exponential growth was the pitch I heard from them about 6 years ago when I attended a local dev meetup in their office. The CFO-at-the-time was trying to convince us that their growth was exponential and wouldn't stop. A few people chuckled, one person "coughed" the phrase "s-curve" and then we all sat in a small bit of awkward silence. I'm not surprised they reached market saturation shortly there after.

  2. I hate Evernote by aussersterne · · Score: 5, Interesting

    because I want so badly to love it.

    In 2008, it was still a killer app. In 2018, it has squandered its position.

    The app has gained zero new killer functionality, which itself isn't disqualifying, but the UI hasn't even bothered to remain stagnant—it's gone backward. Evernote is far less usable and user-friendly for its core purposes than it was back when I started using it. Compare:

    https://mediafrenzy.files.word...
    https://i0.wp.com/thenerdystud...

    I hate all the wasted screen real estate. The lock-in to the same idiosyncratic and clashing colors. The way in which basic information organization have been buried in favor of a "just use the search box" mentality, requiring extra clicks for anything. The fact that data is incredibly difficult to get out in bulk (you can export it to a kind of soup that can be sorted out if you're willing to spent a month of your time doing development on your own). It used to be a pleasure to use, for what it was. Now it just sucks.

    Even all of this would have been okay if basic features hadn't been gradually migrating behind a paywall even as prices continued to increase—but both things are true.

    In short, Evernote started way ahead as a product that was great relative to everything else and very useful. It just needed some polish and iteration. Not only did they stagnate, they went backward, while jacking up the price. The one and only reason to stick with Evernote now is that it supports the five major platforms—Browser, Android, iOS, Windows, Mac OS—and syncs between them relatively seamlessly.

    Evernote reminds me in a lot of ways of Livescribe. A company with a great idea out the gate that then stumbled and ran in reverse, creating the impression that they hold their most committed users in deep contempt. Which is fitting, because the two partnered together for some time, so they deserve each other. Most of all, Evernote, like Livescribe, is a company that in no way needs—for the functionality that they ought to deliver—the corporate bloat they seem to have developed.

    The moment something else comes along that (1) creates rich notes and (2) can sync to always-up-to-date status on all of the platforms mentioned above, I'll jump ship right away. I'll even pay more, just to spite Evernote for holding my data (practically speaking) hostage.

    --
    STOP . AMERICA . NOW