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Building technology and property software · St. Louis, United States

DOOR (Latch)

Current work outlook

A building technology company combining access hardware, property software and automated services.

Updated August 5, 2026 · Evidence from public sources

Flags outlook32/ 100Caution

1 verified signal in this assessment

Financial profile ↗

Why this score

Built from company events, not anonymous ratings.

Recent evidence raises material questions that candidates should investigate before joining. The score weighs signal recency and source confidence. It is a decision aid—not a verdict on culture or a specific team.

HiringContracting
26/100

1 relevant signal

StabilityElevated risk
23/100

1 relevant signal

Financial healthUnder pressure
39/100

1 relevant signal

InnovationSelective
41/100

1 relevant signal

Company timeline

What changed—and why it matters

Read events in order and look for repeated momentum or recurring risk.

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LayoffsRed flag

DOOR cuts approximately 32% of its workforce and exits property management

Latch, now operating as DOOR, approved a restructuring affecting approximately 65 employees and service providers, or about 32% of its workforce. The company is also exiting its property-management business and expects annualized savings of $10 million to $12 million.

Employee impact

A reduction of nearly one-third of the workforce is a severe stability warning. Contract support in Europe and about 10% of active U.S. employees are affected, while management expects AI-assisted tools to support a smaller engineering organization; candidates should assume significant scope and workload changes until a team proves otherwise.

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