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320 Opendoor facing massive layoffs: Chairman Keith Rabois says 85% of employees should go, “We don’t need more than 200”

Startups News
Nickie Louise @ Startups News 2 place · today 09:08 EDT

Opendoor facing massive layoffs: Chairman Keith Rabois says 85% of employees should go, “We don’t need more than 200”

Opendoor is bracing for a brutal reset. Newly appointed chairman and co-founder Keith Rabois says the real estate platform is weighed down by remote work and a bloated workforce — and he’s ready to slash headcount, CNBC reported on Friday ...

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