In this Research Note, we examine trends in job losses in the smart buildings startup space. The analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation of statistics relating to startups undergoing redundancies, restructuring and downsizing. We have highlighted 8 examples of job losses in the BIoT and digital twin platforms sector. Next week, we will cover job losses in Occupancy Analytics and Workplace Experience startups. We have tracked 105 startups, across a representative sample of the diverse businesses operating in the smart buildings space in Europe and North America.  Our data relates to a two-year period between October 2021 and October 2023, with an emphasis on headcount reductions in the past year. Smart Buildings Job Losses Summary 37% of companies, (39 startups) tracked have reduced their headcount over the past two years. 16 startups have experienced higher job losses in the past year. Sectors identified as […]