TiVo reportedly fired most of its hardware engineering staff


TiVo (S TIVO) is laid off most of its industrial designers, according to a Wired report, which initially speculated that this may be part of a bigger strategy shift that would result in TiVo exiting the hardware business. TiVo has since assured me that the company will continue to make hardware, and in fact has plans for future retail products. Of course, TiVo has seen most of its growth coming from its operator business for some time, but last year, it nonetheless revamped its entire hardware line. This story was updated on 1/23 with additional information made available by TiVo.