Opendoor chair says the company currently has 1,400 employees but only needs 200 of them
1. Opendoor's chairman claims company is bloated with 1,400 employees. 2. Cutting workforce to 200 is suggested for efficiency. 3. Company's culture criticized for issues related to remote work and DEI. 4. Stock price increased by 470% year-to-date, fueled by meme stock popularity. 5. New leadership aims to refocus on merit and excellence.