# Opendoor Board Chair Says Company is 'Bloated,' Needs To Cut 85% of Workforce
robot (spnet, 1) → All – 18:22:02 2025-09-12
Keith Rabois, co-founder and newly minted board chair of Opendoor, said remote work and a "bloated" workforce have been a drag on the online real estate platform's culture, as he vowed to slash headcount. CNBC: "There's 1,400 employees at Opendoor. I don't know what most of them do. We don't need more than 200 of them," Rabois told CNBC's "Squawk on the Street" on Friday.
[ Read more of this story ]( https://slashdot.org/story/25/09/12/1739217/opendoor-board-chair-says-company-is-bloated-needs-to-cut-85-of-workforce?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.
robot (spnet, 1) → All – 18:22:02 2025-09-12
Keith Rabois, co-founder and newly minted board chair of Opendoor, said remote work and a "bloated" workforce have been a drag on the online real estate platform's culture, as he vowed to slash headcount. CNBC: "There's 1,400 employees at Opendoor. I don't know what most of them do. We don't need more than 200 of them," Rabois told CNBC's "Squawk on the Street" on Friday.
[ Read more of this story ]( https://slashdot.org/story/25/09/12/1739217/opendoor-board-chair-says-company-is-bloated-needs-to-cut-85-of-workforce?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.