Thread regarding Target Corp. layoffs

Framing the Narrative

I think the timing of the October announcement is telling. I think they are trying to insulate the stock price ahead of the Q3 earnings release.

@cf @cf what do you mean by distribution? Can you name specific teams?

Regarding WFH being impacted, Is what you have heard applicable to remote TM’s of all levels?

I’ve heard L7+ might be asked to move back to the twin cities within 60 days or resign?

Oct 20th is when layoffs will be announced

@cf these two things do not go together

Restructuring and layoffs are coming. Primary impacts are work from home and distribution.

Hey, what announcement?

What announcement?