MINNEAPOLIS — Minnesota-based Target Corporation announced plans to lay off about 8% of its global HQ workforce, according to an email from CEO Michael Fiddelke. The email, shared with KARE 11, said a ...
As part of a larger shift to Target’s global headquarters structure, the retailer will lay off about 1,000 corporate staff and close 800 open roles, per details the company shared with Retail Dive.
Target Corporation remains valued significantly below Walmart despite superior historical margins and dividend growth. Read ...
Some analysts said the appointment of Michael Fiddelke as CEO lacked 'pop' and suggested little change in the retailer's course Target plans to lay off some 1,000 global corporate employees and ...
Target announced plans to eliminate about 1,800 corporate positions in a move that will reduce the retail chain's global workforce by about 8%. Incoming CEO Michael Fiddelke announced the move in an ...