Opendoor to Close India Operations, Cut 250 Jobs as AI Adoption Grows

U.S.-based real estate technology company Opendoor will end its operations in India and lay off its entire workforce of around 250 employees in the country.

Chief Executive Kaz Nejatian announced the decision in a post on X, stating that the company is increasing its use of artificial intelligence and restructuring how operational work is handled.

Opendoor, founded in 2014, operates an online platform that enables consumers to buy and sell homes digitally. The company expanded its presence in India in 2024 with offices in Hyderabad and Bengaluru.

According to Nejatian, Opendoor had built a sizable India-based team to manage manual processes across multiple systems. As those systems have become more integrated and the company has added smaller AI-focused customer-facing teams in the United States, it now wants those operational functions performed closer to customers.

The move comes as concerns continue to grow over the impact of artificial intelligence on administrative and entry-level roles, while policymakers in the United States increasingly encourage domestic employment.