San Francisco-based real estate technology firm Opendoor (NASDAQ: OPEN) has begun winding down its India operations, laying off all 250 employees across offices in Chennai, Hyderabad, and Bengaluru. OPEN had established its India presence in 2022 and built a workforce spread across three cities over four years.

Chief Executive Officer Kaz Nejatian announced the decision publicly on X, writing: "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." The statement signals a deliberate strategic choice to consolidate operations geographically closer to OPEN's primary customer base in the United States.

All 250 employees based in India have been included in the layoffs, making it a complete exit rather than a partial restructuring. OPEN has not disclosed what specific functions were performed by the India team or which operational roles will now be relocated or handled domestically in the United States.

The closure comes as OPEN frames its forward strategy around artificial intelligence. The company's leadership has pointed to AI as a tool for handling operational workflows that were previously managed by the India-based workforce. This approach reflects a broader trend among US technology firms reassessing the structure of their global operations in light of advances in AI-driven automation.

OPEN is a publicly listed real estate technology company that operates a digital platform for buying and selling homes in the United States. The India operations represented a significant offshore workforce that had supported the company's day-to-day functions since 2022. The announcement marks the end of OPEN's presence in the Indian market entirely, with no indication that any portion of the India operations will be retained or transitioned to another location.