Bullseye Turns Inward: Target layoffs 1,800 Jobs After a Decade of Expansion
After years of rapid growth and wide store expansion, Target Corporation is trimming its own ranks. Incoming CEO Michael Fiddelke announced plans to cut 1,800 corporate jobs as part of a broad restructuring. The move marks the retailer’s first major workforce reduction in about a decade. It follows weak sales, margin pressure, and a drive…