Opendoor board chair Rabois says company is 'bloated,' needs to cut 85% of workforce

Sep 13, 2025 - 12:00
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Opendoor board chair Rabois says company is 'bloated,' needs to cut 85% of workforce
Keith Rabois was named chairman of Opendoor this week and the company, which he co-founded, hired former Shopify executive Kaz Nejatian as its new CEO.

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