Target plans to cut 1,800 corporate positions
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Target plans to cut 1,800 corporate positions
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Target is eliminating 1,800 corporate jobs
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#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. Read more at the #linkinbio or the link so screen. #CNBC
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Target says it wants shoppers back and plans to redesign stores to remind people why it used to feel special. But a lot of customers have not forgotten the decisions Target made around DEI and removing Black brands from shelves. When companies make moves that push away loyal shoppers, it is not something that can be fixed with new displays and brighter lighting. The Black dollar represents nearly two trillion dollars in spending power in the United States. Companies need to remember who helped b
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TikTokthebishoptutu
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