Opendoor Board Chair Says Company is 'Bloated,' Needs To Cut 85% of Workforce (cnbc.com)
(Saturday September 13, 2025 @03:00AM (msmash)
from the going-nuclear dept.)
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, [1]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.
[1] https://www.cnbc.com/2025/09/12/opendoors-keith-rabois-company-needs-to-cut-85percent-of-its-workforce.html
> "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.
[1] https://www.cnbc.com/2025/09/12/opendoors-keith-rabois-company-needs-to-cut-85percent-of-its-workforce.html