Amazon India to move corporate headquarters in Bengaluru amid cost-cutting exercise: report
Amazon India is moving its headquarters from the World Trade Centre in the northwest part of Bengaluru to a location close to the city’s airport in a bid to cut costs, according to a report by Mint.
The ecommerce and cloud computing giant currently occupies half a million square feet of office space across 18 floors in a 30-floor building by Brigade Enterprises.
Amazon’s new office is a 15-minute drive from the Bengaluru airport. It is likely to cost the company a third of the Rs 250 per square feet rent it paid in the WTC office. The relocation will begin in April and be completed by 2026, the report said.
“We are excited for our move to a new campus, a state-of-the-art facility designed to foster enhanced collaboration and deliver unparalleled employee experience,” a spokesperson told the publication.
Amazon’s current office is part of Brigade Gateway, the city’s first integrated complex, which has 1,200 residential flats, a shopping complex, a five-star hotel and a hospital. The 5,000 WTC employees are encouraged to live nearby, according to the report. A fourth of the residential flats are occupied by Amazon’s 300 employees.
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