US real estate technology company Opendoor has announced it is shutting down its India operations, laying off the entire local workforce of approximately 250 employees. The decision, announced by CEO Kaz Nejatian on Wednesday, marks the end of Opendoor’s presence in India less than two years after the company expanded there and opened offices in Hyderabad and Bengaluru.
Nejatian announced the move in a post on X, stating that the company has begun saying goodbye to its India-based colleagues as it winds down operations. He explained that the decision reflects a strategic shift to bring operational work closer to the United States, where Opendoor’s customers are located, while simultaneously increasing reliance on smaller AI-native teams.
The company is now finalizing the process of relocating positions previously handled from India to the United States. Many of the roles run by Indian employees, which focused on manual workflows, are being moved back to America as Opendoor unifies these workflows and deploys AI-enabled teams for customer-facing functions.
Opendoor said impacted workers in India will receive transition packages including severance benefits, outplacement services, and other support resources. A small number of staff members will remain temporarily to assist with completing the migration of key workstreams before the shutdown is finalized.
The decision has become a flashpoint in growing debate over whether artificial intelligence is beginning to alter the economics of offshore work. Industry observers note that Opendoor’s move to replace large offshore teams with smaller AI-native teams onshore could signal broader shifts in how tech companies approach outsourcing.
This layoffs announcement comes as the company restructures under its “Opendoor 2.0” initiative to streamline operations and increase AI-driven workflows. The company, headquartered in San Francisco, operates as an online home-buying platform that makes instant cash offers on homes through an online process.
I shared this note earlier today with the entire team at Opendoor.
Today we began to say goodbye to our colleagues in India as we wind down our India operations.
Our customers are in America, and that's where our operational work belongs. pic.twitter.com/Ak2jLxKiX5
— Kaz Nejatian (@nejatian) June 10, 2026
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