Target plans to cut 1,800 corporate positions
October 26, 2025
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0:48Now PlayingTarget plans to cut 1,800 corporate positions
YouTube Description
as posted by the channelTarget announced it will layoff 1,000 corporate employees and eliminate 800 additional vacant positions.
The loss of 1,800 positions is one of the biggest job cuts in Target’s history — about 8% of its corporate workforce globally.
In a memo to Target headquarters employees, incoming CEO Michael Fiddelke said the job cuts are meant to simplify their structure.
“The truth is, the complexity we’ve created over time has been holding us back. Too many layers and overlapping work have slowed decisions, making it harder to bring ideas to life,” Fiddelke wrote.
Target’s sales have been flat or down for nearly three years as shoppers look elsewhere for cheaper prices or more unique offerings.
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