'Saying goodbye to our colleagues': Opendoor shuts India operations, hundreds lose jobs

American digital real estate firm Opendoor is ceasing its India operations, impacting its nearly 250 employees in the country. CEO Kaz Nejatian confirmed the move, stating it's part of a strategic shift to bring roles closer to American customers under the new Opendoor 2.0 model. This decision, driven by technological advancements and streamlining, is not a reflection of employee performance.