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Target is eliminating 1,800 corporate jobs
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Target is asking corporate employees to work from home next week. The company is set to announce changes, including the elimination of around 1,800 corporate positions. Photojournalist Tony Peterson and Frank Vascellaro report.
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Target announced it will layoff 1,000 corporate employees and eliminate 800 additional vacant positions. The loss of 1,800 positions is one of the biggest job cuts in Target’s history — about 8% of its corporate workforce globally. In a memo to Target headquarters employees, incoming CEO Michael Fiddelke said the job cuts are meant to simplify their structure. “The truth is, the complexity we’ve created over time has been holding us back. Too many layers and overlapping work have slowed decision
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