Opendoor Joins Wave of 2026 Layoffs, Pushing Total Cuts Over 100,000
In 2026, a series of corporate downsizings have pushed total job losses past 100,000. Real‑estate platform Opendoor announced its latest round of layoffs.
In 2026, a series of corporate downsizings have pushed total job losses past
100,000. Real‑estate platform Opendoor announced its latest round of layoffs.
The cuts add to a growing tally of workforce reductions across industries.
Opendoor cited market pressures as a reason for the staffing changes. Employees
affected will receive severance in line with company policy. Analysts view the
move as part of broader cost‑saving measures. The announcement follows similar
actions by other tech and retail firms. Observers will watch how the layoffs
influence the housing‑market sector.