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 ...
The cuts will impact managers at about 3 times the rate of other employees. Target, which has been struggling with sales in recent years, is eliminating 1,800 roles or about 8% of the company’s global ...
Target (TGT) is eliminating 1,800 roles as the company works through an ongoing sales decline, with incoming CEO Michael Fiddelke set to take the helm next February. In a memo to employees on Thursday ...
Target is cutting about 1,000 corporate positions and eliminating 800 open roles in an effort to speed up business decision-making and drive growth under its new chief executive, Michael Fiddelke.
Target Corp. is eliminating about 8% of corporate roles in its first major restructuring in years, according to a memo viewed by Bloomberg News, as the retailer seeks to reduce complexity and regain ...
Target last laid off a significant number of corporate employees in 2015, when 1,700 workers were let go — about 13% of its headquarters staff. Another 1,400 open positions went unfilled. It was the ...
Grocery prices are on the rise, and evidence suggests President Trump’s tariffs aren’t helping. WSJ visited one regional grocery chain to see how tariffs are affecting a handful of popular items.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The job cuts are the largest in ...
MINNEAPOLIS — Minnesota-based Target Corporation announced plans to lay off about 8% of its global HQ workforce, according to an email from CEO Michael Fiddelke. The email, shared with KARE 11, said a ...
Target is cutting about 1,000 corporate positions and eliminating 800 open roles in an effort to speed up business decision-making and drive growth under its new chief executive, Michael Fiddelke.
Target's stock trades nearly 70% below its all-time high. The company is struggling with macro, competitive, shrink-related, and politically-driven challenges. Its stock looks cheap but might deserve ...
More Target runs could be in your future, as the retailer plans to open over half a dozen stores in October. The Minneapolis-based retail giant is set to open a slate of stores across 20 U.S. states, ...