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‘Challenging’ real estate market forced layoffs of 18% of staff, Opendoor CEO says

Bailey Schulz, USA TODAYComments Off on ‘Challenging’ real estate market forced layoffs of 18% of staff, Opendoor CEO says

Opendoor CEO Eric Wu said the company is cutting roughly 18% of its staff as rising interest rates plunge the U.S. housing market into turmoil.

     
Bailey Schulz, USA TODAY
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