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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."

15 of 63 comments (clear)

  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.

    1. Re:Exponential growth... by Fnkmaster · · Score: 4, Informative

      Apparently they missed "startups 101" - the goal is to sell your company to a bagholder before the exponential growth dies off. Failure to find a bagholder is also known as "failure" in Silicon Valley.

  2. Sticking with EN since there is no better options by ThinkingThinker · · Score: 2

    Recently canvased other Android/Windows options and cannot find anything better. I use EN both for notes and web clipping. Just to cite one example, OneNote fell flat on its face. I shared a web I was reading on my Android smartphone and it only clipped the URL and not the page content. Bzzzz. Strike one. I then shared from Pocket and it created an image of the page. An image? Really? Bzzzz. Strike two. I then tried to search for text in the saved image and it couldn't find it. Bzzzz. Strike three. I'm sticking with Evernote for the best Android/Windows web clipping and note taking solution.

  3. Re:First... by MouseR · · Score: 2

    Dumping excess workforce is a precursor to a buyout.

  4. Re:That sucks by draxbear · · Score: 3, Insightful

    Take a look at https://simplenote.com/ instead. It's free, multi-devices supported incl Linux and just does text (very well). Markdown is also baked in if you're after some formatting. I'd love them to have a donate or subscription option just to ensure they keep on keeping on. The text only nature of it all makes it sustain-ably cheap to run on cloud and free to users I guess!

    --
    --- I've completed diagnosis of your problem and can classify it as a YOYO...You're On Your Own
  5. depends... by mschaffer · · Score: 3, Insightful

    It clearly depends on the number of useless features that nobody asked for are being developed. Added to that are the side projects most of the developers spend all of their time one (as if they worked for Google).

    How much do you want to bet that the people that were laid off were the majority of the "bread and butter" developers?

  6. So ... by Hugh+Jorgen · · Score: 5, Informative

    It may be time to resurrect fuckedcompany.com

    1. Re:So ... by bignetbuy · · Score: 2

      It may be time to resurrect fuckedcompany.com

      Oh hell yeah. That site keep me laughing during the entire dot-bomb era. My employer at the time even made an appearance on it. That site was priceless. Was sorry to see it fade away.

  7. 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.

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    STOP . AMERICA . NOW
    1. Re:I hate Evernote by bignetbuy · · Score: 2

      Your screencaps are telling. Thanks for sharing them. I want our old Evernote back!

    2. Re:I hate Evernote by Anonymous Coward · · Score: 2, Insightful

      Compare:

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

      I see an OS X application and then an iPad application. It makes sense that they have different UIs since one is operated with a mouse, other with a finger.

    3. Re:I hate Evernote by chrish · · Score: 2

      I switched from Evernote to OneNote around the time a Mac port was released.

      OneNote supports all of those platforms (and syncs via OneDrive), but they're doing the same sort of idiotic UI redesign that makes things worse unless you're running full-screen or on a touch device.

      I know you're pretty much stuck with full-screen on touch devices, but why would anyone run anything full-screen on a 4k monitor?

      UI/UX devs, please stop making things worse on high-res screens.

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      - chrish
  8. This. by aussersterne · · Score: 3, Insightful

    The basic note-taking functionality has gone backward. Harder to make notes, harder to find notes, harder to scroll through and read notes, harder to export notes.

    A lot of other stuff that I don't care about has been added. Apparently a lot of people don't care about it.

    You have a captive audience of millions with their data in your platform. Hard to screw that up, but Evernote did, and they continue to get worse.

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    STOP . AMERICA . NOW
    1. Re:This. by tungstencoil · · Score: 3, Informative

      Exactly. I was going to say much of the same thing, but you said it really well.

      When it was still very new, I used EverNote quite a bit. Every new feature made the application more difficult and more intrusive. Not what I wanted.

      I'm no expert in their business, and am even more casual than an armchair quarterback for it, but it seems to me this kind of venture would almost have to be an acquisition target... early. There are simply to many other entrenched organizations - in business, in dev, in engineering, in virtually anything that has the money to pay for it - along with email (for the consumer) - to make a new vertical. I've seen these other verticals introduce new, integrated features that make EverNote and applications like it pretty irrelevant.

      I stopped using EverNote when it became more difficult and other application stacks I was already using served its purpose.

      Bye.

  9. Re: That sucks by astrofurter · · Score: 2

    "free to users"

    You are the product.