Opendoor Lays Off Entire India Workforce

the company is moving its operational roles closer to its customers in the United States as part of its business transformation plan.

In a note shared with employees and later posted on X, Nejatian said Opendoor had already started relocating some roles back to the US over the past few months.

The latest decision will complete that process and result in the closure of the company’s India-based operations.

Explaining the move, Nejatian said Opendoor’s customers are in America and that the operational work supporting them is better handled closer to them.

He said the company had earlier built a large team in India to manage manual workflows across different systems.

However, with improvements in technology and the use of AI-enabled teams in the US, the need to continue those functions overseas has reduced, he said.

Nejatian made it clear that the decision was not linked to the performance of the India team.

He praised the employees in India for their contribution and described them as talented professionals who would be valuable additions to other organisations.

The company said affected employees will receive transition support, including severance packages, outplacement services and other resources.

A small number of employees will remain for some time to help with the transition of important workstreams.

Despite the layoffs, Nejatian said Opendoor remains in a strong position and that its overall business strategy has not changed.

He said the company wants to simplify operations, build a unified platform and reduce dependence on manual processes as it continues to focus on serving homeowners in the United States.