In a memo sent to employees, incoming Target CEO Michael Fiddelke announced that the retailer would be cutting about 1,800 ...
The retail chain’s incoming chief executive, who will take over in February, cited “too many layers and overlapping work” in a memo.
The company, whose stock price is down more than 30% this year, has struggled in the wake of high-profile controversies and ...
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 ...
Companies announced the most October job cuts in over 20 years—153,074 positions—as AI adoption and cost-cutting accelerate ...
Jenna Estlick, president of HR Solutions and at Versique, said that the first thing laid-off employees should do is to ...
In their announcements to employees, both Target and Amazon cited the need for efficiency and innovation as the driving force ...
The job cuts will affect 8 percent of approximately 22,000 corporate employees as the retailer looks to reverse stagnant sales ...
Target said Thursday that it 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 ...
Target is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives ...
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.
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