Opendoor shuts India operations, lays off nearly 250 employees

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Opendoor, a US proptech company, is closing its India operations. This move will affect around 250 employees. The company is consolidating its functions in the US. Affected employees will receive severance packages and support. Opendoor’s strategy focuses on simplifying operations and using AI. This decision brings roles closer to customers in America.

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Opendoor shuts India operations, lays off nearly 250 employees

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