### Target's Major Restructuring: 1,800 Corporate Job Cuts Amid Sales Decline Target Corp is undergoing a significant restructuring effort, announcing the elimination of approximately 1,800 corporate jobs, which constitutes about 8% of its corporate workforce. This decision comes as the retailer grapples with 11 consecutive quarters of weak or declining sales growth, prompting the need for a strategic overhaul to streamline operations and enhance decision-making processes. The layoffs will primarily affect corporate positions, with around 1,000 employees expected to receive layoff notices imminently, while store and supply chain roles will remain unaffected [https://www.newsbytesapp.com/news/business/target-to-trim-1-800-jobs-amid-sales-slump/story][https://www.proactiveinvestors.co.uk/companies/news/1081071/target-to-slash-1-800-corporate-jobs-to-spur-growth-1081071.html][https://www.ibmadison.com/business-report/target-is-cutting-1-800-corporate-jobs/article_54c6c3da-966e-4335-8037-37f0f4389c8d.html]. ### Breakdown of Target's Job Cuts and Strategic Goals 1. **Job Cuts Overview**: - Target is cutting 1,800 corporate jobs, including 1,000 layoffs and 800 open positions [https://www.grocerydive.com/news/target-corporate-layoffs-restructure-turnaround/803751]. - This reduction represents about 8% of its corporate workforce, primarily affecting roles at its headquarters [https://www.retailtouchpoints.com/features/news-briefs/target-cuts-1800-corporate-jobs-in-bid-to-streamline-operations]. 2. **Reasons for Restructuring**: - The company aims to streamline operations and improve decision-making processes to better respond to market demands [https://www.3newsnow.com/business/company-news/target-announces-1-800-corporate-job-cuts-as-part-of-business-overhaul]. - The restructuring is part of a broader strategy to reclaim lost market share and enhance customer engagement amid declining sales [https://www.wlox.com/2025/10/24/target-is-eliminating-1800-corporate-jobs-it-looks-reclaim-its-lost-luster]. 3. **Future Outlook**: - The new CEO, Michael Fiddelke, is expected to lead the company through this transition, focusing on creating a leaner organization to drive growth [https://finance.yahoo.com/news/target-plans-cut-1-800-210135596.html]. - The layoffs are seen as a necessary step to reverse years of sluggish sales and improve overall business performance [https://www.vcpost.com/articles/129885/20251024/target-slashes-1800-corporate-jobs-effort-reverse-years-sluggish-sales.htm]. ### Supporting Evidence of Target's Sales Struggles and Job Cuts - **Sales Performance**: Target has reported 11 consecutive quarters of weak or declining sales growth, necessitating drastic measures to revitalize the brand [https://www.ibmadison.com/business-report/target-is-cutting-1-800-corporate-jobs/article_54c6c3da-966e-4335-8037-37f0f4389c8d.html]. - **Job Cut Details**: - Total job cuts: 1,800 - Immediate layoffs: 1,000 - Open positions eliminated: 800 - Percentage of corporate workforce affected: 8% [https://www.proactiveinvestors.co.uk/companies/news/1081071/target-to-slash-1-800-corporate-jobs-to-spur-growth-1081071.html][https://www.grocerydive.com/news/target-corporate-layoffs-restructure-turnaround/803751]. ### Conclusion: Target's Strategic Shift Towards Recovery In summary, **Target's decision to cut 1,800 corporate jobs is a critical move aimed at addressing ongoing sales challenges and restructuring its operations**. The company is focusing on streamlining its corporate structure to enhance efficiency and decision-making capabilities. The following points encapsulate the situation: 1. Target is eliminating 1,800 corporate jobs, representing 8% of its workforce. 2. The layoffs are part of a strategic effort to improve sales performance and operational efficiency. 3. The new CEO is expected to guide the company through this transition, aiming for a more agile and responsive organization. This restructuring is seen as a necessary step to reclaim Target's competitive edge in the retail market [https://www.newsbytesapp.com/news/business/target-to-trim-1-800-jobs-amid-sales-slump/story][https://www.vcpost.com/articles/129885/20251024/target-slashes-1800-corporate-jobs-effort-reverse-years-sluggish-sales.htm].