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Opendoor Shuts India Operations, Lays Off 250 Employees
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Opendoor Shuts India Operations, Lays Off 250 Employees
Opendoor Technologies shut down its entire India operations on June 11, letting go of nearly 250 employees it had hired less than two years ago to manage backend workflows — and CEO Kaz Nejatian made no attempt to obscure the reasoning behind it. In a note he posted publicly on X, Nejatian said the company had spent months moving select roles back to the United States and that the India exit was the final step in that transition. “Today we began…
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