Thursday, October 01, 2015

Evernote’s Job Cuts Are a Rare Pullback for Billion-Dollar Startup - Digits - WSJ

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"Evernote is shedding jobs as it attempts to transition from a popular consumer app to a paid subscription service used by professionals in more than 20,000 companies. Its paid subscribers, who pay up to $50 a year for more storage and additional features such as business card-scanning and presentation software, have increased 40% over the past year, Mr. O’Neill said in the post on Tuesday.

The startup shuttered one of its consumer-focused apps, a recipe-saving service called Evernote Food, this week. Its website still offers a wide range of products, including a Web-clipping service, Moleskine notebooks and a scanner."
Evernote’s Job Cuts Are a Rare Pullback for Billion-Dollar Startup - Digits - WSJ

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