Target Cuts 1,800 Corporate Jobs in Its First Major Layoff in a Decade
On 23 October 2025 Target said it was eliminating about 1,800 corporate positions, around 8% of its corporate workforce, with roughly 1,000 layoffs and 800 vacant roles removed, to speed up decisions under incoming CEO Michael Fiddelke.
- Target said it is eliminating about 1,800 corporate positions to streamline decision-making; about 1,000 employees were due to receive notices the following week and about 800 vacant jobs were being removed[1]
- The cuts are about 8% of Target's corporate workforce globally, mostly at the Minneapolis headquarters, and do not affect store or supply-chain employees[1]
- Incoming CEO Michael Fiddelke wrote that "the complexity we've created over time has been holding us back" and that too many layers had slowed decisions[1][2]
- Target had reported flat or declining comparable sales in nine of the previous 11 quarters, and lost ground to Walmart and Amazon[1]
- Fiddelke was due to succeed Brian Cornell as CEO on 1 February 2026 and called the layoffs a necessary step in building Target's future[1][3]
参考资料 3可信度 85%总体可信度: 85%该图钉的来源和参考资料对其日期的支持程度。包括来源在内的 3 份资料对图钉开始和结束时间支持程度的加权平均；资料每比最新的一份旧 180 天，权重减半显示所有可信度不低于 75% 的图钉
第一项始终是图钉的来源。总体可信度是各份资料对上方所用开始和结束时间支持程度的加权平均；资料每比最新的一份旧 180 天，权重减半。
- [1]90%wafb.com/2025/10/24/target-is-eliminating-1800-corporate-jobs-it-looks-reclaim-its-lost-lusterwafb.com· 发布于 2026年10月5日· 开始 2025年10月23日 ✓· 占评分 65%
The AP story (published 24 Oct 2025) says Target "said Thursday" it was eliminating about 1,800 corporate positions; Thursday was 23 October 2025, the date of Fiddelke's memo.
- [2]78%Word of Target Layoffs Signals Change As Fiddelke Prepares To Take Reins - HomePage Newshomepagenews.com· 发表于 2025年10月24日· 占评分 17%
Opened: memo, 1,000 laid off plus 800 open roles.[1]
- [3]72%Target Layoffs: Company Announces 1,800 Corporate Roles Will Be Cut - AfroTechafrotech.com· 发表于 2025年10月24日· 占评分 17%
Opened: same facts; lower-tier outlet.[1]
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