Based on news reporting.
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.
Target Corporation cut 500 jobs as of February 27, 2026.
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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