American digital real estate firm Opendoor is ceasing its India operations, impacting its nearly 250 employees in the country. CEO Kaz Nejatian confirmed the move, stating it’s part of a strategic shift to bring roles closer to American customers under the new Opendoor 2.0 model. This decision, driven by technological advancements and streamlining, is not a reflection of employee performance American digital real estate firm Opendoor is ceasing its India operations, impacting its nearly 250 employees in the country. CEO Kaz Nejatian confirmed the move, stating it’s part of a strategic shift to bring roles closer to American customers under the new Opendoor 2.0 model. This decision, driven by technological advancements and streamlining, is not a reflection of employee performance
Trending
- 30 million barrels of oil storage: India, UAE work to expand strategic reserves
- Inside China’s ‘8D Magic City’: People think they’re on the ground floor until they discover they’re 20 storeys up
- Two empty train rakes come face to face on same track in Bhubaneswar
- Supreme Court to hear Congress candidate Meenakshi Natarajan’s plea against Rajya Sabha nomination rejection; no stay on results
- IND A vs AFG A: Sooryavanshi’s 200-strike-rate knock leaves fans wanting more
- ‘Exercise restraint, prioritise safety of civilians’: India condemns attack on merchant vessels, sea lane in UN
- 2 Bengaluru firms, 1 from Hyderabad, picked for IN-SPACe Tech adoption fund support
- Former xAI engineer says he was fired after warning about Grok’s safety risks