Real Estate Services

Employment trends and layoff analytics for the Real Estate Services industry.

300
Total Affected
Since Jan 2024
1
Layoff Events
Across all companies
1
Companies
With layoffs
300
Avg per Event
Employees affected
0
Confirmed
Company verified events
0
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Real Estate
300

Most Common Reasons

Opendoor Technologies Inc. implemented a workforce reduction of approximately 300 employees, representing 21.4% of its staff, as part of a strategic restructuring and cost-cutting initiative. Led by new CEO Kaz Nejatian, these measures are aimed at returning the company to profitability by the end of 2026. The restructuring includes an end to outside consultant contracts, a refocus on in-office work, and a strategic shift towards becoming a software and AI company, addressing ongoing cash burn and prioritizing strategic growth initiatives.
1 event

Companies in Real Estate Services

Opendoor Technologies Inc.
OPEN
300 employees affected · 1 event · Real Estate

Recent Layoff Events

DateCompanyEmployeesReason
Nov 7, 2025
Opendoor Technologies Inc.
300 (21.4%)
Opendoor Technologies Inc. implemented a workforce reduction of approximately 300 employees, representing 21.4% of its staff, as part of a strategic restructuring and cost-cutting initiative. Led by new CEO Kaz Nejatian, these measures are aimed at returning the company to profitability by the end of 2026. The restructuring includes an end to outside consultant contracts, a refocus on in-office work, and a strategic shift towards becoming a software and AI company, addressing ongoing cash burn and prioritizing strategic growth initiatives.