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In a memo sent to employees, incoming Target CEO Michael Fiddelke announced that the retailer would be cutting about 1,800 ...
The company, whose stock price is down more than 30% this year, has struggled in the wake of high-profile controversies and ...
The retail chain’s incoming chief executive, who will take over in February, cited “too many layers and overlapping work” in a memo.
Jenna Estlick, president of HR Solutions and at Versique, said that the first thing laid-off employees should do is to ...
More than 800 Target employees in the Twin Cities were laid off on Tuesday, news they learned in a group telephone meeting. A more impersonal approach to cutting employees has become more of a norm in ...
Target is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base ...
Target announced plans to eliminate about 1,800 corporate positions, in a move that will reduce the company's global team by about 8%.
The job cuts will affect 8 percent of approximately 22,000 corporate employees as the retailer looks to reverse stagnant sales ...
The job cuts are the largest in a decade for the retailer and come as Target is facing the crucial holiday period and ahead of a major leadership change.