Opendoor Technologies Inc.

Opendoor Technologies Inc.

Real Estate Services • Real Estate • Tempe, AZ, United States • OPEN (NMS)

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes. The company offers sell to opendoor product that enables homeowners to sell their home directly to it and resell the home to a home buyer; list with opendoor product that allows customers to list their home on the MLS with opendoor and receive cash offer; and opendoor marketplace product that connects the home seller with an institutional or retail buyer. It also provides real estate brokerage, title insurance and settlement, and escrow services, as well as property and casualty insurance, real estate licenses, and construction services. The company was formerly known as Social Capital Hedosophia Holdings Corp. II and changed its name to Opendoor Technologies Inc. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.

480 618 6760 410 North Scottsdale Road, Tempe, AZ 85288, United States

Stock Performance (90 Days)

Data through Dec 30, 2025
Layoff Events
Earnings Calls
Price updates on page refresh. Intraday quotes available during market hours (9:30 AM - 4:00 PM EST).

Layoff History

300 employees (21.4%)
Nov 7, 2025
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.
Source: Companies that announced Major Layoffs and Hiring Freezes | Intellizence →

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Recent News

Opendoor stock today: CFO change takes effect as OPEN sets up for Jan. 2 market reopening - ts2.tech
ts2.tech • Jan 2
The Next Big Opportunity? These Two Stocks Could Double by 2026 - NAI500
NAI500 • Dec 31
I'm Sounding an Alarm on Opendoor Technologies Stock Following Its Massive Drop This Month - The Motley Fool
The Motley Fool • Dec 26
Could Buying Opendoor Stock Today Set You Up for Life? - Yahoo Finance
Yahoo Finance • Dec 13
Opendoor Technologies Inc. Stock (OPEN) Opinions on Recent Price Decline - Quiver Quantitative
Quiver Quantitative • Dec 30

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Frequently Asked Questions

Has Opendoor Technologies Inc. had layoffs?
Yes, Opendoor Technologies Inc. has had 1 recorded layoff event, affecting a total of 300 employees. The most recent layoff was on November 7, 2025, impacting 300 employees.
How many employees does Opendoor Technologies Inc. have?
Opendoor Technologies Inc. has approximately 1,470 employees.
What industry is Opendoor Technologies Inc. in?
Opendoor Technologies Inc. operates in the Real Estate Services industry, within the Real Estate sector.
Is Opendoor Technologies Inc. a publicly traded company?
Yes, Opendoor Technologies Inc. is publicly traded under the ticker symbol OPEN on the NMS. The company has a market capitalization of approximately $5.56 billion.
Where is Opendoor Technologies Inc. headquartered?
Opendoor Technologies Inc. is headquartered in Tempe, AZ, United States at 410 North Scottsdale Road, Tempe, AZ 85288, United States.

Disclaimer

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