Target job cuts signal renewed focus on physical stores

The US retailer has announced job cuts across regional management and distribution functions as part of a restructuring designed to free up resources for its stores.
Twin Cities Business

Target Layoffs Appear to Signal New Direction for the Economy

Target has said its layoffs earlier this week reflect a desire for the Minneapolis retail giant to work more nimbly. “Layers” and “overlapping work” bog down decision-making, as incoming CEO Michael ...
Business Insider

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

Target is laying off 1,000 corporate employees and cutting 800 open roles. The cuts accounted for about 8% of Target's global headquarters team. Michael Fiddelke, COO and incoming CEO, said the cuts ...
CNN

Target may have hit rock bottom

Target’s problems are intensifying. In the latest signal of trouble, the company reported sales dropped during its latest quarter, and Target cut its full-year profit guidance Wednesday. The company’s ...