Trying to find a consolidated thread to try and recap any role eliminations today at HQ so we can see what the hell is going on - and since there’s not one, am hoping this can be one. If you hear of any role or org eliminations pls drop them below. 🙏 this some BS. Hugs to all.
*Edit to add: the empathy on this post fuels my faith that good people exist in corporate America, and why I have loved Target. Continue to push it forward and make some change ✊🏻
Videos
The article isn't wrong, and this "new normal" blows.
https://www.msn.com/en-us/money/markets/target-s-layoff-push-exposes-corporate-america-s-cold-new-normal/ar-AA1RrghO?uxmode=ruby&ocid=edgdhpruby&pc=EDGEDB&cvid=84660a3b56fd4720ad5efe6cf1691dab&ei=6
I am absolutely not claiming to have inside knowledge here, but two different people who are pretty well connected in Minneapolis mentioned they heard the same thing - Target is going to announce significant layoffs on Tuesday.
In a few threads I have seen this discussion come up. Some people say that Target may layoff team members in addition to people in the corporate positions. Others are saying they won’t, for several reasons/experiences. I doubt anyone has a definitive answer, but I was wondering if anyone remembers a time when this has happened before and what you think the possibility of it is.
If they do, who decides the layoffs? Does it come down the chain where store/district leadership determines who stays and who goes? Or does corporate determine it through a series of criteria that TMs must have met?
We all know the state of most stores right now. Understaffed due to lack of hours. Not enough team members/roles to get everything done efficiently, if at all. I feel like laying off TMs will just be more destructive and basically suicidal for every store. My area just built a new store and opened it last year. They’re planning another one an hour away from it.
What do you think? Is this reminiscent of previous layoffs, or is it just too different to really tell?
Is Target really laying off workers today? There’s a lady on tik tok saying today’s the day but it seems to be just rumors. Any Target HQ employees know?
Target Layoffs in corporate offices confirmed
LONG POST, TL;DR down below
This question is meant for everyone in a DC and in Stores, and I would like to hear from everyone in the comments. Share what you are thinking, feeling, and experiencing that could make you believe that Target will soon face full-store closures, lay-offs, or leadership restructuring. (NOT A FACT, Just a skeptical thought)
Corporate just laid off 1,800 employees in Q3, right BEFORE the holidays/Q4 begins. First off, imagine if any of you were laid off right before Thanksgiving and Christmas. Not smart for stores, but how quickly will they do it in Q1? The decision for lay-offs is deafening and ironically a wake up call. To that, Target might be desperate to meet shareholders request and make marginal profits increase. To me, they wouldn't make this big of a shake up if they weren't scared.
I walked into the backroom and I don't think my team lead and another ETL saw me, but they were saying that in one of their meetings they were told next year Target will be downsizing their leadership and adding more responsibilities to other leads to help keep stores afloat. I can tell my team lead is already stressed and I'm sure that didnt help. So I have no doubt their gonna be stressing workload completion on us even more.
Im not too worried as a GM team member, but what does that mean for Target as a whole? DEI and Boycotts definitely made it hard for Target to grow this year so yeah, lay-offs is a garbage move but they arent gonna lay-off team members during Q4.
All-in-all, am I reaching too far out to think all of this? Is this just a corporate impacted thing?
TL;DR: Target laid people off to save money cause they're losing money. Is Target really worth staying at? Is the job gonna get hard for team members?
Target said on Thursday it’s cutting 1,800 corporate jobs as the retailer tries to get back to growth after four years of roughly stagnant sales.
It marks the first major round of layoffs in a decade for the Minneapolis-based retailer. It announced the layoffs in a memo sent by Target’s incoming CEO Michael Fiddelke to employees at its headquarters.
The eliminated roles are a combination of about 1,000 employee layoffs and about 800 positions that will no longer be filled, a company spokesman said. Together, they represent an approximately 8% cut to Target’s corporate workforce, according to the memo. Affected employees will be notified Tuesday.
The retailer announced the cuts as it nears a leadership change.
Target in August named Fiddelke, currently its chief operating officer and formerly chief financial officer, as the successor to longtime leader Brian Cornell. He takes the helm February 1.
Fiddelke has also overseen the Enterprise Acceleration Office, an effort announced in May, which looked for ways to simplify company operations, use technology in new ways and speed up Target’s growth.
The retailer has been fighting a sales slump, and has said it expects annual sales to decline this year. Target’s shares have fallen by about 65% since their all-time high in late 2021.
In a memo sent Thursday to employees at Target’s headquarters, Fiddelke said the employee cuts will help Target move with urgency.
“The truth is, the complexity we’ve created over time has been holding us back,” he said in the memo. “Too many layers and overlapping work have slowed decisions, making it harder to bring ideas to life.”
He said the cuts are difficult, but “a necessary step in building the future of Target and enabling the progress and growth we all want to see.”
Target employees affected by the layoffs will receive pay and benefits until January 3, in addition to severance packages, according to a company spokesman. No roles in stores or in Target’s supply chain were impacted by the cuts, the company spokesman said.
Source: https://www.cnbc.com/2025/10/23/target-layoffs-corporate-jobs-sales-slump.html
I’ll try to post the video below
Today, 400 in total gone at Target India.(all kinds of positions asst manager, managers, directors, vp) which means only 600 will go from US today as previously anticipated as 1000.