Airthings, a Norwegian company specializing in indoor air quality monitoring devices, conducted a layoff affecting approximately 30% of its workforce in late 2022. This reduction impacted around 45 employees as part of a strategic restructuring plan aimed at extending the company's financial runway and achieving profitability. The decision was driven by challenging market conditions, including a slowdown in the smart home and consumer electronics sectors. Airthings, which had scaled significantly during the pandemic, adjusted its operations to navigate the post-pandemic economic environment and focus on sustainable growth.
