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Opendoor Board Chair Says Company is 'Bloated,' Needs To Cut 85% of Workforce

Friday September 12, 2025. 07:40 PM , from Slashdot
Opendoor Board Chair Says Company is 'Bloated,' Needs To Cut 85% of Workforce
Keith Rabois, co-founder and newly minted board chair of Opendoor, said remote work and a 'bloated' workforce have been a drag on the online real estate platform's culture, as he vowed to slash headcount. CNBC: 'There's 1,400 employees at Opendoor. I don't know what most of them do. We don't need more than 200 of them,' Rabois told CNBC's 'Squawk on the Street' on Friday.

Read more of this story at Slashdot.
Read more at Slashdot
https://slashdot.org/story/25/09/12/1739217/opendoor-board-chair-says-company-is-bloated-needs-to-cu...

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