The restructuring, confirmed by an internal meeting recording obtained by The Verge, marks a swift decline for the smart lock startup acquired by Assa Abloy just this year. CTO for Assa Abloy North America Peter Boriskin and HR head Kimberly Cummins informed most of the staff that their roles were eliminated effective immediately. Founders John Martin and Ken Goto have departed the company, leaving behind a skeleton crew tasked only with finalizing a specific product launch for multi-family housing management.
Assa Abloy guts Level Home as founders exit
Conflict lead: While Swedish multinational Assa Abloy insists it remains committed to the Level Home brand, the reality on the ground tells a different story. The firm has shuttered the startup’s primary operations, ousted its founders, and is folding remaining assets into its Kwikset division following a wave of sudden layoffs.
Assa Abloy spokeswoman Rebecca Samuel maintains that Level Home is not shutting down and that customer support remains unaffected. Despite this, the exodus of the original engineering team raises technical concerns for the hundreds of thousands of active users. Level locks rely on cloud services for features like auto-unlock and door status sensing; should these servers go dark, local functionality via Apple HomeKit or Matter remains the only safeguard. With declining sales in its North American residential segment, the parent company faces mounting pressure to integrate the technology or risk alienating a significant user base.
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