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business15h ago

https://mrf.lu/Zsjthttps://www.cnbc.com/2025/10/23/target-layoffs-corporate-jobs-sales-slump.htmlhttps://www.startribune.com/target-layoffs-1000-employees-global-team-restructuring-fiddelke/601502247
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Highlights
  • Target plans a mass downsizing, eliminating about 1,800 corporate positions to streamline decision-making and accelerate initiatives.
  • Incoming Target COO Fiddelke says too many layers and overlapping work slowed decisions, hindering turning ideas into action.
  • Target frames the job cuts as the first step in rewiring the organization to be agile and make faster decisions, not merely a cost cut.

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References

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 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

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 massive downsizing - MinnPost

Target plans massive downsizing - MinnPost

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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