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

Source: CNBC Top Stories | Published: September 12, 2025, 3:59 pm | Read Original

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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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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.

CNBC Top Stories • Sep 12, 2025 • Found on Glideslope.ai

Post hash: 70950569724699648983 • glideslope.ai/post/70950569724699648983

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