Target is eliminating 1,800 corporate jobs as the retailer attempts to return to growth after years of flat sales, the first major round of layoffs in a decade, the company announced Thursday.
Oct. 24 Target is eliminating 1,800 corporate jobs as the retailer attempts to return to growth after years of flat sales, the first major round of layoffs in a decade, the company announced Thursday.
The job cuts are a combination of 1,000 employee layoffs and another 800 positions that the Minneapolis-based retailer said will not be filled. Together, the reductions comprise about 8% of Target’s corporate workforce. Effected employees will be notified Tuesday, the company said.
