Target | Layoff Event
Summary
Target Corp. announced in late October/early November 2025 plans to eliminate 1,800 corporate roles, representing about 8% of its corporate workforce. This marks the company's first major restructuring in years.
Layoff Details
- Reason
- First major restructuring in years
- Affected Departments
- Corporate jobs
Market Impact
Target's corporate restructuring and layoffs are likely aimed at improving efficiency and adapting to evolving retail market conditions, which could be viewed positively by investors seeking operational improvements.
Industry Context
These layoffs are part of a broader trend across the retail sector and other industries where companies are undergoing restructuring to optimize their workforce and operations in response to economic pressures and changing consumer behavior.
Stock Performance Around Layoff
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Recent Target News
Stock Price
Company Info
- Website
- target.com
- Industry
- Discount Stores
- Sector
- Consumer Defensive
- Headquarters
- Minneapolis, MN, United States
- CEO
- Mr. Brian C. Cornell
- Employees
- 440,000
Event Snapshot
Recent Layoffs
View Layoff History →Financials
Disclaimer
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