Retail Shock: Target Slashes 1,800 Jobs — Is the Economy in Danger?
Target’s Major Layoff Plan Target’s management disclosed the cuts in a memo to employees on Oct. 23. The moves mainly affect corporate and managerial roles — store and supply-chain workers are untouched Reuters. Fiddelke, a 20-year veteran who takes over from CEO Brian Cornell next year, wrote that Target has “too many layers and overlapping work” that have made it…