// THE VERGE — HARDWARE & GADGET
Smart lock maker Level has been gutted and its founders are out
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A source tells The Verge that Assa Abloy has laid off the majority of Level Home’s staff and is folding it into Kwikset. Assa Abloy says it will continue to develop and support Level locks.
A source tells The Verge that Assa Abloy has laid off the majority of Level Home’s staff and is folding it into Kwikset. Assa Abloy says it will continue to develop and support Level locks.
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Assa Abloy has laid off the majority of staff at Level Home, the smart lock company known for building smart tech into traditional-looking deadbolts, and is folding the business into Kwikset, according to a source familiar with the decision.
The Verge obtained exclusive details from a person familiar with the restructuring who requested anonymity as they were part of the layoffs. They shared an audio recording of a meeting in which Peter Boriskin, CTO for Assa Abloy North America, and Kimberly Cummins, head of North American HR, informed the staff that their positions had been eliminated, effective immediately, as “a part of a larger restructuring of the Level business.” A LinkedIn post from a now-former employee corroborates the layoffs.