Layoffs Cross 100,000 Mark In 2026, Opendoor Latest To Cut Jobs | Firstpost Live | N18G
US-based real estate technology firm Opendoor is shutting its India operations, affecting nearly 250 employees. CEO Kaz Nejatian said the decision is intended to bring operational work closer to customers in the United States, with some roles already relocated to the US. Announcing the move on X, Nejatian said the restructuring aligns operations with customer needs. The layoffs reflect a wider trend across the technology sector, where companies are increasingly streamlining workforces and investing in artificial intelligence, similar to moves seen at Google and Meta. Joshua Barnes tells you more.------
Opendoor India Closure | Tech Layoffs 100000 | Kaz Nejatian Memo | Real Estate Technology | Indian Outsourcing Crisis | AI Native Teams | Corporate Workforce Reductions | Silicon Valley Job Cuts | Offshoring Cost Arbitrage | Automated System Transition | White Collar Unemployment | Firstpost | World News | Latest News | Global News | International News | Trending News
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