Empresas y finanzas

Office Depot to cut 1,100 jobs in Europe

(Reuters) - Office Depot Inc said it would eliminate about 1,100 jobs in Europe as part of a restructuring plan in the region.

The company had 64,000 employees worldwide as of Jan. 25.

The office supply retailer said it expects the restructuring to reduce annual costs by about $90 million by the end of 2016.

(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Savio D'Souza)

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