The Economic Times

American company Opendoor shuts India operations, says jobs should be closer to US customers

US real estate firm Opendoor is closing its India operations. The company is moving its work back to America. This decision impacts around 250 employees. Opendoor cites a need for operational work to be closer to its US customer base. Streamlined systems and AI adoption are key factors. Affected employees will receive transition packages. The company's overall strategy remains unchanged.