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business14h 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
  • Target plans to eliminate about 1,800 corporate roles to streamline decision-making and accelerate initiatives to rebuild the flagging customer base.
  • Incoming COO Michael Fiddelke frames the restructuring as essential to reduce layers, speed up decisions, and enable faster execution.
  • Target insists the layoffs are not primarily a cost-cutting measure but the first step in reengineering the organization to be more agile and decision-efficient.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Target to Slash 1,800 Corporate Jobs

Target to Slash 1,800 Corporate Jobs

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

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

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

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

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