Amazon’s Office Downsizing Plan Threatens Already Struggling Commercial Real Estate Markets
Allwork
MARCH 29, 2024
An internal Amazon memo has unveiled a comprehensive plan to save $1.3 billion by drastically reducing the company’s office vacancies over the next three to five years. Business Insider, which first reported the memo , cites an unnamed source revealing that the e-commerce giant currently grapples with a 33.8%
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