Whether these thousands of layoffs are the right thing or not, what's certain is that Target is no longer an employer of choice. Only been here for 2 years, but family, friends and old coworkers used to ooo/ahh when I talked about Target. Now they smirk and talk about layoffs, security breaches and Amazon.
Not sure this can be repaired, but the constant drip of layoffs and new policies (vacation, for example) that make it cheaper to get rid of you don't help. It's a much smaller Walmart now. Potential employees beware.