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business9h ago

https://www.cnbc.com/2025/10/23/target-layoffs-corporate-jobs-sales-slump.htmlhttps://www.startribune.com/target-layoffs-1000-employees-global-team-restructuring-fiddelke/601502247https://www.foxbusiness.com/retail/target-cuts-1800-corporate-jobs
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Highlights
  • Incoming CEO Fiddelke frames the move as enterprise acceleration to move faster and simplify Target for the next growth chapter.
  • About 80% of the roles being cut are based in the U.S., many cuts centered around Target's Minneapolis HQ for a leaner, more agile structure.
  • Target says the restructuring is not about cutting costs, but rewiring the organization for agile decision-making and faster execution.

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References

Target cuts 1,800 corporate jobs in its first major layoffs in a decade

https://www.cnbc.com/2025/10/23/target-layoffs-corporate-jobs-sales-slump.htmlCnbc.com
Target cuts 1,800 corporate jobs in its first major layoffs in a decade

Target eliminating 1,800 positions, laying off 1,000 workers

https://www.startribune.com/target-layoffs-1000-employees-global-team-restructuring-fiddelke/601502247Startribune.com
Target eliminating 1,800 positions, laying off 1,000 workers

Target cuts 1,000 jobs, eliminates hundreds of open roles

https://www.foxbusiness.com/retail/target-cuts-1800-corporate-jobsFoxbusiness.com
Target cuts 1,000 jobs, eliminates hundreds of open roles

Target will lay off around 1,000 employees | CNN Business

https://www.cnn.com/2025/10/23/business/target-layoffsCnn.com
Target will lay off around 1,000 employees | CNN Business

Target is laying off about 1,000 corporate employees and cutting another 800 open roles

https://www.businessinsider.com/target-layoffs-corporate-employees-cutting-open-roles-2025-10Businessinsider.com
Target is laying off about 1,000 corporate employees and cutting another 800 open roles

Target to lay off about 1,000 workers ahead of holiday shopping season

https://www.mercurynews.com/2025/10/23/target-layoffs-holiday-shopping/Mercurynews.com
Target to lay off about 1,000 workers ahead of holiday shopping season

Target plans to cut 1,800 corporate roles, Wall Street Journal reports

https://triblive.com/news/wire-stories/target-plans-to-lay-off-1800-employees-wall-street-journal-reports/Triblive.com
Target plans to cut 1,800 corporate roles, Wall Street Journal reports

Retail giant laying off 1,800 corporate workers, reports say

https://www.al.com/news/2025/10/retail-giant-laying-off-1800-corporate-workers-reports-say.htmlAl.com
Retail giant laying off 1,800 corporate workers, reports say

Target to Slash 1,800 Corporate Jobs

https://wwd.com/business-news/retail/target-to-cutting-1800-corporate-jobs-1238323723/Wwd.com
Target to Slash 1,800 Corporate Jobs

Target to eliminate about 1,800 corporate jobs, or about 8%

https://www.twincities.com/2025/10/23/target-to-eliminate-about-1800-corporate-jobs-or-about-8/Twincities.com
Target to eliminate about 1,800 corporate jobs, or about 8%

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost lustre

https://www.newsday.com/business/target-corporate-layoffs-minneapolis-india-v55882Newsday.com
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost lustre

Wall Street in shock as Target abruptly slashes 1,800 HQ roles

https://www.dailymail.co.uk/yourmoney/article-15221855/Wall-Street-shock-Target-abruptly-slashes-1-800-roles-jobs-apocalypse-spreads.htmlDailymail.co.uk
Wall Street in shock as Target abruptly slashes 1,800 HQ roles

Related Topics

businessminneapolis, usatarget corporation

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