Thursday, October 29, 2009
Job Cuts at Target
Minneapolis-based Target will announce a reorganization of its marketing unit - including layoffs - this afternoon.
“As a part of our normal business practices, Target routinely evaluates all areas of the company to ensure our organizational structure is effective, efficient and nimble, and that our staffing levels meet the changing needs of our business,” the company said in a written statement.
Target already cut 1,000 jobs at its downtown Minneapolis headquarters back in January of this year, laying off 600 workers and eliminating 400 open positions.