Is The Nook Doomed?
The bookseller confirmed some layoffs in its Nook division but refused to go into further detail. Nook revenues have declined substantially over the past year.
Via slashdot:
Barnes & Noble has laid off its Nook hardware engineers, an anonymous source told Business Insider Feb. 10.
Those engineers reportedly left last week. The bookseller confirmed some layoffs in its Nook division but refused to go into further detail. Nook revenues have declined substantially over the past year, rendering the e-reader a drag on the company’s overall business. Despite the layoffs and revenue declines, however, a Barnes & Noble spokesperson told BI that the company would continue to invest in its Nook division.
In mid-2013, Barnes & Noble reportedly scaled back its am...