Evernote slashes price of Premium subscription as many executives depart

Evernote is currently offering a sale on its Premium membership, slashing its yearly subscription price from $70 down to a much more reasonable $42. The company offered the same deal earlier this year. If you’re interested in grabbing the deal, it’s available now on Evernote’s site. It only applies if you pay one lump sum for the annual subscription.

Meanwhile, Evernote has confirmed to TechCrunch that in the past month the company has lost many senior executives, including its CTO Anirban Kundu, CFO Vincent Toolan, CPO Erik Wrobel and head of HR Michelle Wagner. The company did not comment on a reason for the departures, but a source close to the matter tells TechCrunch that “Evernote is in a death spiral... Paid user growth and active users have been flat for the last six years and their enterprise product offering has not caught on.”

Evernote currently has three different monthly pricing tiers: free, Premium for $7.99 per month (which adds up to nearly $100 over a year), and Business for $14.99 per month. So this deal might be worth taking advantage of if you rely on the app. Premium does afford many more features than free — like up to 10GB of monthly uploads and the ability to scan business cards — but there are also several Evernote alternatives now that are cheaper (or free) like Google Keep, Microsoft OneNote and others.