Friday, 12 June, 2026
AI-Native Pivot: Opendoor Exits India, Laying Off Entire 250-Member Workforce
By TechShots Studio
US-based real estate technology firm Opendoor is shutting down its India operations, laying off all 250 employees across Chennai, Hyderabad, and Bengaluru. Following its recent "Opendoor 2.0" launch, the company is consolidating operations and shifting manual workflows to smaller, AI-native, customer-facing teams based closer to its US client base. Affected employees will receive severance packages, outplacement services, and transition support.
Read full story at CIO ECONOMIC TIMES