Target eliminating 1,800 corporate jobs
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Target’s incoming CEO, Michael Fiddelke, isn’t taking over the retailer’s reins until February. But as current chief operating officer, he’s already laying the groundwork for his efforts to turn the ailing company around, including by cutting nearly 2,000 corporate jobs.
FOX 9 Minneapolis-St. Paul on MSN
Target cutting 1,800 positions, 1,000 employees set to be laid off
Target sent out an email to employees saying it will be cutting 1,800 positions from its corporate offices. 1,000 employees will be laid off and 800 open positions will be closed. Employees won't know if they have been laid off or not until Tuesday.
A small fire at the Target store on Oxford Exchange Boulevard prompted an emergency response Monday afternoon and has temporarily closed the location, according to a news release from city officials.
Target announced Monday it's going to be making some changes this holiday season, including closing its stores on Thanksgiving Day. The company laid out what it called a sneak peek of its holiday plans, emphasizing that it still wants to bring the joy ...
Want to head to Costco on Columbus Day, but not sure if they are open? Here's their holiday schedule, hours and more.
Axios on MSN
Reports: Target to lay off 1,000 employees
Target will lay off around 1,000 corporate employees and and close another 800 open roles, multiple outlets reported Thursday. Why it matters: The move — which eliminates about 8% of Target's headquarters workforce — is one of the largest corporate shake-ups in the retail giant's recent history.