Target lays off about 150 corporate employees

MINNEAPOLIS (AP) — Target Corp. has laid off about 150 of its 15,000 Twin Cities corporate employees.

The move affects workers at the discount retailer’s tower headquarters in downtown Minneapolis, an office on Interstate 394 in the city and a campus in Brooklyn Park.

A Target spokeswoman tells the Star Tribune ( ) the layoffs were due in part to the company’s “future model not supporting the current size of the team,” as well as to eliminating duplication and less cost-effective operations.

The laid-off employees completed work Wednesday but will remain on the payroll for 45 days

Minneapolis-based Target has $73 billion in annual sales and 360,000 employees. Target said last month that it would employ fewer seasonal workers over the holidays than it did last year.


Information from: Star Tribune,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s