SoftBank-backed Opendoor has announced a massive layoff, cutting 35% of its employees

SoftBank-backed Opendoor has announced a massive layoff, cutting 35% of its employees

4 years ago
Anonymous $9CO2RSACsf

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.

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