Opendoor

I've been through 4 re-orgs in the two and a half years that I've been at the company. This means zero career progression and broken promises by 4 managers during my tenure.

People tend to get moved across teams and orgs regardless of their area of focus, causing significant career instability and eventual termination during the next re-organization.

A revolving door of senior leadership means shifts in focus every 6 months, causing employee churn.

Lack of vision under current macro conditions. Taking a look at the (now almost) penny stock prices while the rest of the market, including other real estate businesses, are staying afloat shows how out of touch and deluded the current leadership team is.

Since cutting benefits and payroll is inevitable, please consider making deep cuts so that you don't have to be laying off 15% of the workforce every year.

The facade of fake confidence over the past 2 years that I've seen isn't cutting it when you are dumping out your stock holdings regularly every quarter. Attempting to be transparent about the current state of the company would be beneficial long term even if morale takes a short term hit. It's not like people who I work with are heavily motivated with the layoffs every year before Thanksgiving.