Target cuts 1,800 corporate positions as incoming CEO Michael Fiddelke restructures the retailer's headquarters operations. The reduction affects 1,000 current employees plus 800 unfilled roles, representing 8 percent of global office staff, with most losses concentrated in the United States.
Fiddelke told workers the changes will accelerate technology development and customer service improvements. The company plans to expand hours for existing retail staff and deploy 43,000 flexible workers rather than add seasonal hires this year.
Store operations and distribution centers remain unaffected by the workforce adjustments. The Wall Street Journal and CNBC reported the layoffs from internal company communications that acknowledged the difficulty of personnel decisions made before the holiday period.
Fiddelke told workers the changes will accelerate technology development and customer service improvements. The company plans to expand hours for existing retail staff and deploy 43,000 flexible workers rather than add seasonal hires this year.
Store operations and distribution centers remain unaffected by the workforce adjustments. The Wall Street Journal and CNBC reported the layoffs from internal company communications that acknowledged the difficulty of personnel decisions made before the holiday period.
