Feeds

TiVo: Yes we've axed staff, but we're NOT packing in hardware biz

Designers laid off as set-top box maker looks to cloud

Gartner critical capabilities for enterprise endpoint backup

TiVo is shuffling its playing cards as it prepares to shift its strategy somewhat towards the cloud - however the set-top maker has flatly denied claims that it is retreating from the hardware business.

The company's chief flack, Steve Wymer, told The Verge that it was wrong to suggest that a number of recent layoffs at TiVo, which were reported by Wired, meant that it was walking away from hardware development.

He said:

We're just as fired up as consumers are about Roamio [TiVo's latest digital video recorder] and we expect to deliver on that for years to come.

It's one of our core businesses and our shining jewel.

He admitted that staff had been axed but didn't reveal how many employees were handed pink slips. Wired had claimed, citing sources, that five hardware engineers had been laid off at TiVo.

But Wymer insisted that the company had no plans to "abandon" hardware.

Wymer told The Register:

These reports are overblown, but I cannot provide any details regarding staffing levels and personnel. As we increasingly develop solutions for cloud storage and delivery of content, TiVo remains very much capable of delivering on all our current and future hardware needs (of which there are many). I'm sure you've seen our announcements about all our work on cloud based services and that emphasis will only increase in the near term.

®

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?