SoftBank-backed Opendoor has announced a massive layoff, cutting 35% of its employees
https://techcrunch.com/2020/04/15/softbank-backed-opendoor-has-announced-a-massive-layoff-cutting-35-of-its-employees/
Opendoor, the seven-year-old, San Francisco-based company that has from the outset aimed to help people buy and sell homes with the “push of a button” (or nearly), has just laid off more than a third of its staff.
According to a statement sent to us by co-founder and CEO Eric Wu, the company has laid off 600 of its employees, which constitutes 35% of its overall team, says Wu.