Solution 1:

You could try drone:-

A person who does tedious or menial work; a drudge: "undervalued drones who labored in obscurity" (Caroline Bates).

if you wanted to emphasize the drudgery and hopelessness of the individual, or perhaps a wage-slave

A wage earner whose livelihood is completely dependent on the wages earned.

to emphasize the helplessness of the individual, or a droid:-

A mobile robot or automaton, especially one that resembles a human.

if you wanted to emphasize any mindlessness that might be involved.

(All these from the Free Dictionary).

Solution 2:

As a British native speaker, I would have thought that "suit" or "corporate suit" would be a derogatory term to describe someone who works in a large international business corporation. Emphasizing that the person is instantly replaceable and anonymous, nothing more than the suit they are wearing.

Edit: Just thought, in the same vein, I've also heard "empty suit" in this connection.

Solution 3:

OP seeks an answer that satisfies the following 4 criteria:

1. a derogatory term or expression

2. for a low-level employee ["insignificance of the person"]

3. of a large international corporation

4. whose work is boring, repetitious and mindless ["following characteristics: boring, repetitious and mindless work"]

MINION noun: plural noun: minions: a follower or underling of a powerful person, especially a servile or unimportant one.

synonyms: underling, flunky, lackey, servant, hireling, vassal, stooge, toady, sycophant

from Google link

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common N. American minion

Solution 4:

As was suggested in a comment by @DevSolar, consider cog

A subordinate member of an organization who performs necessary but usually minor or routine functions.

American Heritage

Oxford Dictionaries Online uses cog with this meaning as part of a phrase

a cog in the (or a) machine (or wheel): A small or insignificant member of a larger organization or system: copywriters have been seen as just a cog in the big advertising machine