Opendoor

Real Estate
United States2 layoff rounds tracked
1,110

Total Jobs Cut

January 2024

Most Recent

560

Largest Single Layoff

No

AI Cited

Layoff Timeline

January 2024

560 jobs cut(17% of workforce)

Reason: Real estate iBuying company restructuring amid interest rate hikes

Source: Crunchbase

November 2022

550 jobs cut(18% of workforce)

Reason: Housing market downturn; iBuying losses

Source: CNBC

About Real Estate Layoffs

10,682

Total industry layoffs

0%

AI-cited events

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Other Real Estate Layoffs

WeWork

1 round

4,000 jobs
JLL (Jones Lang LaSalle)

1 round

2,000 jobs
CBRE

1 round

1,500 jobs
Redfin

1 round

862 jobs
Compass Real Estate

1 round

800 jobs

Sources

Crunchbase

Real estate iBuying company restructuring amid interest rate hikes

CNBC

Housing market downturn; iBuying losses

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