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Target Corporation

TGTConsumer Defensive· Minneapolis, MN, United States
LAYOFFS TRACKED
29
LAST EVENT
Feb 27, 2026
MARKET CAP
$60.25B
EMPLOYEES
415,000

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies. It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment, sporting goods, and luggage; and furniture, lighting, storage, kitchenware, small appliances, home decor, bed and bath, home improvement, school/office supplies, greeting cards and party supplies, and other seasonal merchandise. In addition, the company sells merchandise through periodic design and creative partnerships, and shop-in-shop experience; and in-store amenities. Further, it sells its products through its stores; and digital channels, including Target.com. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.

Layoff history

EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS

Q4 '23: 11 eventsQ1 '24: 0 eventsQ2 '24: 0 eventsQ3 '24: 0 eventsQ4 '24: 0 eventsQ1 '25: 0 eventsQ2 '25: 0 eventsQ3 '25: 1 eventsQ4 '25: 2 eventsQ1 '26: 4 eventsQ2 '26: 0 eventsQ3 '26: 0 events
Q4 '23Q1 '24Q1 '25Q1 '26Q3 '26

Layoff timeline

29 EVENTS
Oct 10, 2026Upcoming · EstimatedNews

Target Corporation is facing a challenging period as layoffs are anticipated to occur on Tuesday, October 10, 2023. While specific numbers of affected employees have not been disclosed, the company is preparing its workforce for these upcoming job cuts. This situation has created uncertainty among employees, who are bracing for the long weekend ahead of the layoffs. The company has not provided detailed reasons for the layoffs, but the announcement has raised concerns about the future direction of the organization.

Feb 27, 2026News

Target Corporation has announced that it will cut 500 jobs as part of its ongoing restructuring efforts under new CEO Michael Fiddelke. This decision comes as the company seeks to streamline operations and adapt to changing market conditions. The layoffs are part of a broader strategy to enhance efficiency and focus on core business areas. While specific locations and departments affected by the layoffs were not detailed, the move reflects Target's commitment to adjusting its workforce in response to current challenges. The company aims to position itself for future growth while managing costs effectively.

Feb 11, 2026News

Target Corporation is set to cut 500 office jobs as part of a strategic shift to invest more resources into its stores. This decision reflects the company's ongoing efforts to streamline operations and enhance its retail presence. The layoffs are part of a broader restructuring plan aimed at improving efficiency and responding to changing market conditions. While the specific locations of the affected offices were not disclosed, this move indicates Target's commitment to focusing on in-store experiences amidst evolving consumer behaviors.

Jan 1, 2026News

Company has announced the layoff of 500 employees as part of a restructuring following a leadership shake-up under the new CEO. This decision reflects the company's efforts to streamline operations and adapt to changing market conditions. The layoffs are expected to impact various roles within the organization, although specific departments and locations have not been disclosed. The move comes as Company aims to enhance efficiency and focus on strategic priorities in the coming years.

Jan 1, 2026News

Target Corporation is set to implement job cuts in 2026 as part of a strategy by its new CEO aimed at enhancing customer experience. While specific numbers of employees affected have not been disclosed, the company is expected to announce further details as the date approaches. The layoffs are part of a broader restructuring plan to adapt to changing market conditions and improve operational efficiency. This move comes amid ongoing challenges in the retail sector, reflecting a trend among major retailers to streamline their workforce in response to evolving consumer demands.

Nov 6, 2025News

The article discusses the impact of weak leadership at Target Corporation, which has led to mass layoffs. Although specific numbers of employees affected are not provided, the opinion piece highlights the significant consequences of management decisions on the workforce. The commentary suggests that these layoffs are a direct result of strategic failures within the company. The article emphasizes the need for stronger leadership to prevent further job losses and improve company performance.

Oct 24, 2025News

Target Corporation is undergoing its first major layoffs in a decade, with 180 employees being let go as part of a restructuring effort under incoming CEO Michael Fiddelke. The layoffs are a response to the company's need to adapt to changing market conditions and improve operational efficiency. This significant workforce reduction reflects Target's strategic shift to better align with current consumer demands and economic challenges. The decision marks a pivotal moment for the retailer as it navigates a competitive landscape and seeks to enhance its long-term sustainability.

Aug 15, 2025WARN notice
Oct 1, 2023News

Employees at a Wisconsin metal plant owned by Company have filed a lawsuit following the sudden closure of the facility and subsequent layoffs affecting approximately 200 workers. The closure and layoffs were unexpected, leading to significant distress among the workforce. The lawsuit alleges that the company failed to provide adequate notice as required by law, leaving employees without sufficient time to prepare for the loss of their jobs. This situation highlights the challenges faced by workers in the manufacturing sector amid economic uncertainties. The company has not publicly commented on the lawsuit or the reasons behind the closure.

Oct 1, 2023News

Target Corporation has initiated layoffs as part of a leadership shakeup under its new CEO. The company has laid off approximately 2 employees in Minneapolis, Minnesota, as it faces backlash over its diversity, equity, and inclusion (DEI) policies. This decision comes amid ongoing challenges for the retailer, reflecting a broader trend of restructuring within the company. The layoffs are part of a strategic move to realign the organization and address criticisms regarding its DEI initiatives.

Oct 1, 2023News

Target Corporation has announced the layoff of 107 employees in New Jersey as part of a broader workforce reduction strategy. This decision comes amid ongoing challenges in the retail sector, reflecting the company's need to adjust its operations in response to changing market conditions. The layoffs are expected to impact various roles within the organization, although specific departments were not detailed. This move is part of Target's efforts to streamline its workforce and improve overall efficiency.

Oct 1, 2023News

Target Corporation has announced the layoff of 500 employees as part of a strategy to streamline operations under CEO Michael Fiddelke. This decision reflects the company's efforts to enhance efficiency and adapt to changing market conditions. The layoffs are part of a broader restructuring initiative aimed at optimizing the workforce and improving overall performance. While specific locations and departments affected were not disclosed, the move signifies Target's commitment to maintaining competitiveness in the retail sector. The layoffs are effective immediately, marking a significant adjustment in the company's operational strategy.

Oct 1, 2023News

Target Corporation recently laid off approximately 200 employees in Minneapolis as part of a restructuring effort. The layoffs have prompted former employees to create a new service aimed at helping others who face similar job losses. This initiative highlights the challenges faced by those affected by the layoffs and the ongoing adjustments within the company. The layoffs were part of a broader strategy to streamline operations and adapt to changing market conditions. The impact of these layoffs is significant, as they affect a substantial number of workers in the local area.

Oct 1, 2023News

Target Corporation has announced the layoff of approximately 2,000 employees as part of its ongoing restructuring efforts. The layoffs are set to take effect on October 1, 2023, and are aimed at streamlining operations and reducing costs in response to changing market conditions. This decision reflects the company's strategy to adapt to evolving consumer behaviors and economic challenges. The affected employees are primarily from various departments across the company's Minneapolis headquarters. Target's leadership emphasized the need for these cuts to ensure long-term sustainability and competitiveness in the retail sector.

Oct 1, 2023News

Target Corporation has announced that it will lay off nearly 300 employees at its Brooklyn Park office. This decision is part of a broader restructuring effort aimed at streamlining operations and reducing costs. The layoffs are expected to take effect on October 1, 2023. The company has not specified the departments affected by these job cuts, but the move reflects ongoing challenges in the retail sector. Target's management has indicated that these layoffs are necessary to adapt to changing market conditions and improve overall efficiency.

Oct 1, 2023News

Target Corporation has announced significant layoffs, cutting over 1,500 jobs, marking its largest workforce reduction in years. This decision comes as part of the company's efforts to streamline operations and adapt to changing market conditions. The layoffs are expected to impact various departments, although specific details on locations and departments affected have not been disclosed. The company aims to improve efficiency and maintain competitiveness in a challenging retail environment. This move reflects broader trends in the retail sector as companies adjust to economic pressures and shifting consumer behavior.

Oct 1, 2023News

Target Corporation has announced significant layoffs affecting 815 employees at its offices in Minneapolis and Brooklyn Park. This decision comes as part of a broader restructuring effort aimed at streamlining operations and adapting to changing market conditions. The layoffs are expected to impact various roles within the company, although specific departments have not been detailed. This move reflects Target's ongoing adjustments in response to economic pressures and shifts in consumer behavior. The layoffs took effect on October 1, 2023, marking a challenging period for the affected workers and the company as it navigates these changes.

Oct 1, 2023News

Target Corporation has laid off more than 800 employees in the Twin Cities area as part of its ongoing restructuring efforts. This decision comes amid broader challenges faced by the retail sector, including shifts in consumer behavior and economic pressures. The layoffs are part of a strategy to streamline operations and improve efficiency. Target has not specified which departments were most affected by these job cuts. The company continues to adapt to the changing retail landscape while aiming to maintain its competitive edge.

Oct 1, 2023News

Target Corporation has announced layoffs affecting 1,000 employees as part of its efforts to address slumping sales. The company is also cutting an additional 800 positions, indicating significant workforce reductions in response to ongoing financial challenges. These layoffs come as Target seeks to streamline operations and adapt to changing market conditions. The decision reflects the company's need to realign its workforce with current business demands. The layoffs are part of a broader strategy to improve profitability and operational efficiency in a competitive retail environment.

Date not reportedUpcoming · EstimatedNews

Target Corporation has announced plans to lay off more than 100 workers at its New Jersey location. This decision is part of a broader strategy to streamline operations and adjust to changing market conditions. The layoffs are expected to impact various roles within the company, although specific departments have not been disclosed. The company has not provided a timeline for when these layoffs will take effect. This move reflects Target's ongoing efforts to optimize its workforce amidst evolving retail dynamics.

Date not reportedUpcoming · EstimatedNews

Target Corporation has announced plans to lay off 500 workers as part of a restructuring effort led by its new CEO. This decision comes as the company seeks to shake up its leadership team and streamline operations. The layoffs are part of a broader strategy to enhance efficiency and adapt to changing market conditions. While specific locations and departments affected have not been disclosed, the move reflects Target's response to current challenges in the retail environment. The company aims to position itself better for future growth amidst increasing competition.

Date not reportedUpcoming · EstimatedNews

Target Corporation is reportedly planning to lay off approximately 2,000 employees as part of a restructuring effort aimed at streamlining operations and reducing costs. This decision comes in response to ongoing challenges in the retail sector, including changing consumer behaviors and economic pressures. The layoffs are expected to affect various locations across the United States, although specific departments have not been disclosed. Target's management has indicated that these cuts are necessary to ensure the company's long-term viability and competitiveness in the market.

Date not reportedUpcoming · EstimatedNews

Target Corporation employees are currently awaiting news regarding potential layoffs, as the company has not yet disclosed specific details about any upcoming job cuts. The uncertainty surrounding the layoffs has left many workers anxious about their job security. While the article does not provide exact numbers or dates for the layoffs, it highlights the growing concern among Target staff regarding the company's future workforce plans. The situation reflects broader trends in the retail industry, where companies are adjusting their operations in response to changing market conditions.

Date not reportedUpcoming · EstimatedNews

Target Corporation has announced plans to lay off more than 800 employees in Minnesota. This decision reflects the company's ongoing adjustments to its workforce amid changing market conditions. The layoffs are part of a broader strategy to streamline operations and improve efficiency. While specific details about the departments affected were not disclosed, the company aims to implement these layoffs in the near future. This move underscores the challenges faced by Target as it navigates a competitive retail landscape.

Date not reportedUpcoming · EstimatedNews

Target Corporation is reportedly planning significant layoffs as part of a corporate restructuring effort. While specific numbers and dates have not been disclosed, the company has indicated that these changes are intended to streamline operations and improve efficiency. The announcement comes amid broader challenges in the retail sector, prompting Target to reassess its workforce needs. Further details regarding the exact number of positions affected and the timeline for these layoffs are expected to be revealed in the coming weeks.

Date not reportedUpcoming · EstimatedNews

Target Corporation has announced plans to lay off 1,000 corporate workers as part of its restructuring efforts. This decision reflects the company's ongoing adjustments to optimize its operations and respond to changing market conditions. The layoffs are expected to impact various corporate roles, although specific locations were not detailed in the announcement. This move is part of Target's strategy to streamline its workforce and improve efficiency amid evolving retail challenges.

Date not reportedUpcoming · EstimatedNews

Target Corporation is set to lay off approximately 300 employees in Minnesota as part of a restructuring effort. The layoffs are part of a broader initiative to streamline operations and improve efficiency. Notices have been issued to affected employees, indicating that the company is taking steps to adjust its workforce in response to changing market conditions. This decision reflects Target's ongoing efforts to adapt to the retail landscape and optimize its operations in the region.

Date not reportedUpcoming · EstimatedNews

Target Corporation is facing significant layoffs as part of a restructuring effort. The company has announced plans to reduce its workforce, although specific numbers and dates have not been disclosed. This decision comes amid ongoing challenges in the retail sector, prompting the company to reevaluate its operational strategy. The layoffs are expected to impact various departments, but details regarding locations and the exact number of employees affected remain unclear. Target's management has indicated that these changes are necessary to streamline operations and improve overall efficiency.

Date not reportedUpcoming · EstimatedNews

Target Corporation has announced plans to eliminate 1,800 roles as part of a restructuring effort led by new CEO Michael Fiddelke. This decision comes as the retailer aims to reset its operations amidst ongoing struggles. The layoffs are part of a broader strategy to improve the company's performance and adapt to changing market conditions. While specific locations and departments affected have not been disclosed, the move reflects Target's response to challenges in the retail sector. The company is taking these steps to streamline operations and enhance efficiency in the face of economic pressures.

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