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Target to Lay Off 1,800 Jobs in Major Restructuring

1 min read
Source: CNBC
Target to Lay Off 1,800 Jobs in Major Restructuring
Photo: CNBC
TL;DR

Target is cutting 1,800 corporate jobs, about 8% of its headquarters staff, as part of a strategy to simplify operations and boost growth amid sales slumps and leadership changes, with affected employees receiving pay and benefits until January 3.

Topics:top-newsbusiness#business#company-restructuring#corporate-jobs#growth-strategy#retail-industry#target-layoffs
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  1. Target cuts 1,800 corporate jobs in its first major layoffs in a decade  CNBC
  2. Exclusive | Target to Cut Around 1,000 Jobs  The Wall Street Journal
  3. Target cuts 1,000 jobs, eliminates hundreds of open roles  Fox Business
  4. Target to Lay Off 8% of Headquarters Team, Cut 1,800 Roles  Bloomberg.com
  5. Target eliminating 1,800 positions, laying off 1,000 workers  Star Tribune

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