US Realty Firm Opendoor Winds Down India Operations, Nearly 250 Employees Impacted

Opendoor Exits India, Impacting 250 Jobs

Opendoor, a key player in the real estate tech landscape, has announced its withdrawal from the Indian market, resulting in the layoff of approximately 250 employees across Chennai, Hyderabad, and Bengaluru. This strategic shift is part of the company's effort to refocus its resources on the US market, where it intends to bolster system integration and create advanced AI-driven customer support teams.