Amazon shifts to new office near Bengaluru airport in cost-cutting move

Amazon India is relocating its corporate headquarters from the northwest region of Bengaluru to a location near the city’s airport, part of the company’s ongoing cost-reduction measures, according to a report by the Mint.

Amazon currently occupies almost 500,000 sq ft of office space at the World Trade Centre (WTC), a 30-floor building owned by Brigade Enterprises Ltd. With Amazon’s decision to vacate, concerns arise about how Brigade will replace the tenant and the effect on rental income for nearby residential properties.