Opendoor Board Chair Thinks the Company Should Cut Its Workforce by 85 Percent

The article discusses the viewpoint of Opendoor's board chair, who believes the company should significantly reduce its workforce by as much as 85 percent. The rationale provided is the emergence of AI and other technologies, which the board chair claims have made this a straightforward solution. The article does not provide further details on the specific reasons or analysis behind this recommendation. It is a brief report on the board chair's perspective, without delving into the potential implications or context surrounding the proposed workforce reduction. The article presents the board chair's opinion as the primary focus, without including additional commentary or perspectives from other Opendoor representatives or industry analysts. The concise nature of the article limits the amount of detail and context provided, focusing solely on the board chair's statement regarding the significant workforce cut.