American digital real estate firm Opendoor is shutting down its operations in India and laying off nearly 250 employees, according to multiple reports. Opendoor CEO Kaz Nejatian confirms the move, saying the company is “winding down” its India operations and that operational work should be carried out where its customers are located—primarily the United States. In a message to staff, Nejatian frames the shutdown as part of a broader strategic shift under the company’s “Opendoor 2.0” approach, alongside an emphasis on technology and streamlining. The reports also cite Nejatian’s statement that the decision is not related to employee performance. Instead, the company positions the move as a reorganization intended to align roles more closely with American teams and to support its evolving operational model. While the outlets provide similar figures and rationale, they differ slightly in wording—describing the change as a “wind down” or a move to focus on AI-native US teams. Overall, the reporting aligns that the India office is closing and that affected employees are impacted by the layoffs as Opendoor restructures its operations.