Office Depot to Cut About 13,000 Jobs, Close Stores Over Next Four Years

An Office Depot location in Allentown, Pennsylvania Google Maps

Office Depot announced it will cut about 13,100 jobs and close some retail stores over the coming four years or so.

The company said the job cuts will be carried out in a move to cut costs and focus on its IT service unit, according to a filing with the U.S. Securities and Exchange Commission.