Location: Minnesota, USA.
Department affected: corporate.
Based on news reporting.
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.
Target Corporation cut 300 jobs affecting its corporate team.
That is roughly 0.1% of the 415,000 people Target Corporation employs.
LayoffTalk has tracked 29 layoff events at Target Corporation since October 2023, affecting a combined 10,966 employees.
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Estimated figure based on news reporting. Not yet confirmed by Target Corporation.
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