Thread regarding Target Corp. layoffs

Are Directors informed on who is going to get cut?

Last week, the directors in my area indicated that they really didn't know the plan - I believed they were being authentic, but checking out their calendars and they have big chunks of time blocked on Tuesday.

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| 331 views | | 6 replies (last March 9, 2015) | Reply
Post ID: @OP+AqEfP1m

6 replies (most recent on top)

At Best Buy, the directors had no idea about the cuts. It was done very swiftly the night before, and there was a formula applied: those at the top of the pay grade were cut.

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Post ID: @DgE+AqEfP1m

I heard one of our directors thinks they will be let go and has stated they have no idea what will happen.

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Post ID: @Kt0+AqEfP1m

Take this cautiously, but I am a director and I am pretty sure my position is on the chopping block. I have no clue what will happen.

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Post ID: @RRA+AqEfP1m

my aunt is a director and isn't even certain of her fate.

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Post ID: @1Dp+AqEfP1m

On Friday the directors had a prep meeting in the afternoon to let them know how things will go down. They will find out on Monday who on their team is being let go. So yes they know what's happening and when, but they do not know who yet.

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Post ID: @NWx+AqEfP1m

I've heard they're in the dark. Maybe being informed Monday and were just told to hold time?

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Post ID: @2xC+AqEfP1m

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