News
October 26, 2025
Target to cut 1,800 corporate roles in turnaround effort
Target is cutting around 1,800 corporate roles in its first major layoff in around a decade as the retailer looks to reverse years of stagnant sales and simplify its operations.
Target is embarking on a significant restructuring effort, announcing plans to eliminate approximately 1,800 corporate positions. This marks the retailer's first large-scale layoff in roughly ten years, signaling a decisive move to revitalize the company amid a period of sluggish sales and complex operational structures.
The cuts will primarily affect roles at Target's headquarters in Minneapolis and other locations, impacting a variety of departments. While specific roles targeted for elimination have not been publicly disclosed, the company has indicated that the restructuring aims to streamline processes and improve efficiency across its corporate operations. This suggests that positions deemed redundant or less critical to the company's core strategic priorities are most likely to be affected.
This decision reflects Target's commitment to reversing a trend of stagnant sales growth that has plagued the company in recent years. The retailer faces increasing competition from both online giants and other brick-and-mortar stores, necessitating a more agile and responsive business model. By simplifying its organizational structure, Target hopes to make faster decisions, adapt more quickly to changing consumer preferences, and ultimately, improve its financial performance.
In addition to the workforce reduction, Target is reportedly exploring other cost-saving measures and strategic initiatives to boost its bottom line. These may include optimizing its supply chain, investing in new technologies, and refining its product offerings to better align with customer demand. The company understands the need to remain competitive in a rapidly evolving retail landscape.
The announcement of these layoffs is a clear indication that Target recognizes the need for significant change. The company is betting that a leaner and more focused corporate structure will enable it to navigate the challenges ahead and return to a path of sustainable growth. While the news is undoubtedly difficult for the affected employees, Target believes that these changes are necessary to ensure the long-term health and success of the organization. The retailer plans to offer severance packages and outplacement services to assist those impacted by the job cuts in their transition.
The cuts will primarily affect roles at Target's headquarters in Minneapolis and other locations, impacting a variety of departments. While specific roles targeted for elimination have not been publicly disclosed, the company has indicated that the restructuring aims to streamline processes and improve efficiency across its corporate operations. This suggests that positions deemed redundant or less critical to the company's core strategic priorities are most likely to be affected.
This decision reflects Target's commitment to reversing a trend of stagnant sales growth that has plagued the company in recent years. The retailer faces increasing competition from both online giants and other brick-and-mortar stores, necessitating a more agile and responsive business model. By simplifying its organizational structure, Target hopes to make faster decisions, adapt more quickly to changing consumer preferences, and ultimately, improve its financial performance.
In addition to the workforce reduction, Target is reportedly exploring other cost-saving measures and strategic initiatives to boost its bottom line. These may include optimizing its supply chain, investing in new technologies, and refining its product offerings to better align with customer demand. The company understands the need to remain competitive in a rapidly evolving retail landscape.
The announcement of these layoffs is a clear indication that Target recognizes the need for significant change. The company is betting that a leaner and more focused corporate structure will enable it to navigate the challenges ahead and return to a path of sustainable growth. While the news is undoubtedly difficult for the affected employees, Target believes that these changes are necessary to ensure the long-term health and success of the organization. The retailer plans to offer severance packages and outplacement services to assist those impacted by the job cuts in their transition.
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Business