If you are working as an employee at an organization, when you tell about it to others which usage would be more appropriate?
- I work for company.
- I work at company.
Or are both usages correct?
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Both usages are correct, and they mean the same thing.
The only minor wrinkle is that at can be used to refer to a physical location as well as a company itself:
I work at Microsoft.
I work at the Microsoft Redmond campus.
Whereas for cannot be used this way:
I work for Microsoft.
*I work for the Microsoft Redmond campus.
The last sentence would somehow indicate that you are employed by the campus itself, which probably isn't what you mean.