In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused on operations roles.
Source: Inman News
Opendoor lays off 22% of its workforce in latest round of cuts
Published in Carrie Wheeler, compass, existing-home sales, ibuyer, Industry News, keller williams, layoffs, offerpad, opendoor, Opendoor Exclusives, Redfin, Select, Technology and Zillow
More from Carrie WheelerMore posts in Carrie Wheeler »
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Opendoor continues C-sweep with CFO swap
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
- Drunken gunman, new legal filing, Roseanne Barr: Inman’s Top 5
More from compassMore posts in compass »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- Zillow’s listing ban hangs in the balance after 4-day hearing
More from existing-home salesMore posts in existing-home sales »
- 8M reasons to focus: A data-driven Q4 reality check for real estate
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Existing-home sales gain momentum in September amid falling mortgage rates
- Discounts, lower mortgage rates give homebuyers deals this fall
- Is fall the new spring? Market winds may be shifting, NAR says
More from ibuyerMore posts in ibuyer »
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Here’s how to save canceled listings and improve success rates
- Offerpad home sales, acquisitions hit new low in Q3 2025
- Is the ‘proptech winter’ ending? This is what investors are watching
- Opendoor continues C-sweep with CFO swap
More from Industry NewsMore posts in Industry News »
More from keller williamsMore posts in keller williams »
More from layoffsMore posts in layoffs »
- Heard of a K-shaped economy? You’re living in it now
- Ally Financial’s exit from mortgage will impact Better, HouseCanary
- Flagstar shedding 1,900 workers, but many could land at Mr. Cooper
- Side debuts profit-sharing program, lays off staff members
- Redfin lays off nearly 100 Redfin Concierge service employees
More from offerpadMore posts in offerpad »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- From cash offer to collaboration: Offerpad empowers agents and sellers
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- He started the Opendoor stock rally. Now he wants the CEO out
- Opendoor grows revenue and trims losses in 2nd quarter rally
More from opendoorMore posts in opendoor »
- Inman unveils winners of the 2025 Best of Proptech Awards
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
- Here’s how to save canceled listings and improve success rates
More from Opendoor ExclusivesMore posts in Opendoor Exclusives »
- Opendoor posts significant decline in revenue but narrows losses in Q4
- Opendoor founder Eric Wu leaving company to focus on startups
- Opendoor can’t hang on to profitability as Q3 revenue craters
- Redfin exec: Clear Cooperation is failing to stop pocket listings
- Opendoor rebounds with profitable Q2 despite steep revenue decline
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from TechnologyMore posts in Technology »
- Future-proof your digital footprint for 2026 (and beyond)
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
- DR Horton gets into AI mortgage tech with Tidalwave stake
More from ZillowMore posts in Zillow »
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
- Zillow reverses course and removes climate data from listings
- After failed NAR vote, brokerages beef up referral disclosures
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- Delistings and discounts jump as holiday season approaches
Be First to Comment