Thread regarding Target Corp. layoffs

Saw on another post that .com is being pushed back exclusively to stores, anything to support this?

L4 is not hourly

anyone heard anything with relation to AP or Store Ops?

@bv I’d think the same, especially if some of the management roles above were being eliminated.

High in pay range tends to be top performers in my area and in my experience. If combining areas creates redundant roles, wouldn’t it make more sense to keep the top performers?

Nobody is safe, L2+. I manage a team of folks, I would not be shocked to have my role eliminated.

@a4 or maybe, just maybe we need better merchants than what we have today.

I think people are misunderstanding the 3x estimate, I doubt that's 3x in raw number of people but instead percent of population, so if 5% of ICs are being laid-off we can assume 15% of managers. given the difference in population size its likely that on the whole more ICs will be let go than managers.

@a4 probably because merch hasn’t done their job well.

If it is mainly merch impacted then the company is going downhill for sure. How can you lead with merchandise authority without merchants who drive the strategy, assort the product, manage the vendors, lead the BU and the roundtable. Without merch there’s no product, without product there’s no money and without money there is no company.

A&A and home already are the same pyramid and report into the same SVP so that isn’t a change.

heard the same as this. also heard a lot of rumbling about brand and marketing teams. it’s anyone’s guess though but mainly have heard it will impact merch and IM the most (other than managers)

There was an email sent out yesterday to a group around hourly team members checking their schedules on Tuesday and that everyone will be paid for that 15 minutes. That tells me that L2-L4 isn't safe either.