Assa Abloy has laid off the majority of staff at Level Home, a company known for integrating smart technology into traditional deadbolts. The decision to fold Level Home into Kwikset was reported by a source familiar with the restructuring. An audio recording of a meeting revealed that Peter Boriskin, CTO for Assa Abloy North America, and Kimberly Cummins, head of North American HR, informed employees that their positions had been eliminated immediately as part of a larger restructuring effort.
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Assa Abloy lays off staff at Level Home, integrating operations with Kwikset
Assa Abloy has announced significant layoffs at Level Home, a smart lock manufacturer, as it integrates the business into Kwikset. Employees were informed of their termination during a meeting led by Assa Abloy executives.
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Smart lock maker Level has been gutted and its founders are out
Assa Abloy lays off staff at Level Home, integrating operations with Kwikset