The future of smart lock specialist Level has been thrown into uncertainty after reports emerged that its parent company, Assa Abloy, has reportedly laid off most of the brand’s staff and folded the business into its Kwikset brand. According to a report from The Verge, the restructuring has resulted in the departure of Level's founders, CEO John Martin and CTO Ken Goto, along with the majority of the engineering team that helped build the company's distinctive range of smart locks.