{"id":221842,"date":"2025-10-24T04:24:09","date_gmt":"2025-10-24T04:24:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/221842\/"},"modified":"2025-10-24T04:24:09","modified_gmt":"2025-10-24T04:24:09","slug":"target-cutting-1800-positions-1000-employees-set-to-be-laid-off","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/221842\/","title":{"rendered":"Target cutting 1,800 positions, 1,000 employees set to be laid off"},"content":{"rendered":"\n<p class=\"yf-1090901\">The Brief<\/p>\n<p class=\"yf-1090901\">Target sent out an email to employees saying it will be cutting 1,800 positions from its corporate offices.<\/p>\n<p class=\"yf-1090901\">1,000 employees will be laid off and 800 open positions will be closed.<\/p>\n<p class=\"yf-1090901\">Employees won&#8217;t know if they have been laid off or not until Tuesday.<\/p>\n<p class=\"yf-1090901\">MINNEAPOLIS (FOX 9) &#8211; Target announced Thursday it will be eliminating 1,800 positions from its corporate staff.<\/p>\n<\/p>\n<p class=\"yf-1090901\">What we know<\/p>\n<p class=\"yf-1090901\">In an email sent to employees, Target said it will be restructuring and will cut about 1,000 employees and 800 open positions will be closed.<\/p>\n<p class=\"yf-1090901\">Target&#8217;s corporate staff has been asked to work from home next week, and employees will not find out their fate until Tuesday.<\/p>\n<p class=\"yf-1090901\">A Target spokesperson told the <a href=\"https:\/\/apnews.com\/article\/target-corporate-layoffs-minneapolis-india-f4d8100fa2bf4af67e4fb4e388cedf50\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Associated Press;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Associated Press<\/a> (AP) that the cuts represent around 8% of Target&#8217;s global workforce, but the majority of employees affected work at the headquarters in Minneapolis.<\/p>\n<p class=\"yf-1090901\">According to AP, Target&#8217;s comparable sales dropped 1.9% in its second quarter, and its net income dropped 21%.<\/p>\n<p class=\"yf-1090901\">The retailer said in the email that the layoffs were not to cut costs but to streamline operations and bring forth &#8220;progress and growth.&#8221;<\/p>\n<p class=\"yf-1090901\">Those affected by layoffs will receive pay and benefits through Jan. 3, and will get severance packages and support services.<\/p>\n<p class=\"yf-1090901\">In-store associates will not be affected by the restructuring.<\/p>\n<p class=\"yf-1090901\">What they&#8217;re saying<\/p>\n<p class=\"yf-1090901\">FOX 9 is told multiple Target workers believe making employees wait throughout a long weekend to know their fate is cruel.<\/p>\n<p class=\"yf-1090901\">Dig deeper<\/p>\n<p class=\"yf-1090901\">In 2015, Target laid off 1,700 of its corporate workers.<\/p>\n","protected":false},"excerpt":{"rendered":"The Brief Target sent out an email to employees saying it will be cutting 1,800 positions from its&hellip;\n","protected":false},"author":2,"featured_media":221843,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[84,94721,94723,4873,1371,94722,29133,56,54,55],"class_list":{"0":"post-221842","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-corporate-offices","10":"tag-corporate-staff","11":"tag-employees","12":"tag-jobs","13":"tag-open-positions","14":"tag-target","15":"tag-uk","16":"tag-united-kingdom","17":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/221842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=221842"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/221842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/221843"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=221842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=221842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=221842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}