Business Insider reports that Barnes and Noble has laid off its Nook hardware engineering team in a drastic effort to return the product and the company to some semblance of a competitive position in the ereader/tablet market. B&N confirmed layoffs but declined to comment on their nature.

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norwoodismyhero
NorwoodIsMyHero

I think the plan is actually to dump the tablet altogether and focus on providing a light & inexpensive e-reader and then applications for Android/iOS.