Opendoor shuts India operations, lays off 250 employees; embraces AI
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Summary
“Today we began to say goodbye to our colleagues in India as we wind down our India operations. Our customers are in America, and that’s where our operational work belongs,” Opendoor CEO Kaz Nejatian said
Key Facts
Type Policy
Source The Hindu - Business
Published Thursday, 11 June 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right