Target to Lay Off 1,800 Corporate Employees Amid Restructure

Target plans to reduce around 1,800 corporate roles as part of a major restructuring effort. The company aims to cut approximately 8% of its global corporate workforce, with the majority of layoffs (around 80%) affecting US-based employees. Target will also close around 800 open positions, resulting in roughly 3,700 job losses.

Source: https://www.wsj.com/business/retail/target-to-cut-around-1-000-jobs-910556f2