Amazon Deals Another Blow to Already Beaten Down Office Market, Breaking Leases to Cut $1.3 Billion in Expenses

Amazon Deals Another Blow to Already Beaten Down Office Market, Breaking Leases to Cut $1.3 Billion in Expenses Amazon (NASDAQ:AMZN) is reportedly looking to reduce its office vacancies and save $1.3 billion in the process by letting leases expire, negotiating early terminations, and ending the use of some floors in its current offices, according to Business Insider (BI), which cited a source familiar with that matter and internal documents obtained by BI. The news comes as the commercial real estate …