Friday, 12 June, 2026
From Shopify to AI Consolidation: Meet the CEO Behind Opendoor’s Layoffs
By TechShots Studio
Kaz Nejatian, a former lawyer and Canadian policymaker, took over as Opendoor’s CEO in September 2025. With a background that includes founding the payments startup Kash and serving as executive roles at Meta and Shopify, Nejatian is known for system simplification. Under his leadership, the firm shut its India operations and laid off 250 employees, replacing manual workflows with smaller, US-based teams supported by advanced AI.
Read full story at TIMES OF INDIA