I've just learned something NEW this past week, did you guys know that Uncle Sam don't count unemployed people that has run out of unemployment benefits as part of the unemployment rate? So, even if these people are still unemployed with no benefits... — read more
Future layoff info? Anyone?
So has every pyramid been touched at this point? Perhaps "round one" is complete and next come the more "surgical" layoffs that are decided by leadership and less by Bain...Anyone know if that's usually how these things progress?
Hello from Stores
So... sounds like HQ is has been hectic. Let me just say stores aren't any better. First myTime is a terrible terrible invention. You all talk about accountability but if Stores Financials is taking days to get back to us with responses because we... — read more
Why the cynicism?
I'm not a troll (which I know is often the first sign of waving a flag that screams 'Look at me, I'm a troll!'). For those here that have worked at Target for a number of years, what was (or is) the tipping point for why you feel cynical, ambivalent... — read more
News flash - from HQ
Tomorrow is Saturday and no layoffs are expected. I guess that is great!
Transformation=Merger
Layoffs will continue. BC is teeing up Target Corp for a sale or merger of the entire core business. First, he sells off all ancillary business operations (TCI, Pharmacy, Target Ticket, Target Bank), and underperforming areas (Target Canada) to... — read more
Will there be an actual transformation?
I'm asking those that are left, or who left later, is there actually going to be any change? Is it just shit? Is leadership actually starting to look at performance, skills, and intelligence instead of status cadence? I worry about my friends who are... — read more
Is this the beginning of a Senior Mgmt Purge, or a single event?
It isn't unusual for new leaders to clean house of the old guard and then fill those spots with people who will be beholden to them or who are cronies from their past. I wonder if BC has someone in mind already. And if there are other pyramid heads... — read more
We eat our own (yum)......who should be next?
Now that the upper ranks (Kathee T)) are joining us in the transformation fun, aside from Jodee and Tina, who else should join the celebrations? Haven't seen anyone touched from Target Properties/Store Design since Griff "pursued other interests"... — read more
Fly on wall
Would have loved to heard those intimate discussions KT and BC had over the last several months about merchandising. You are going to get fired, you are going to get fired, you are going to get fired, you are fired......been administered to thousands... — read more
Some fools who need to be kicked out
Team members are being laid off and some useless fools are worried about fun activities... ahahah.. ignorance and immaturity at its best..they do nothing but hang around with women from other processes and kill time in cafeteria or smoking zones just... — read more
FINALLY!
It's great to see Brian FINALLY figured out that Tesija is the weakest link. She was responsible for terrible merchandise and terrible out of stocks under Gregg. Surprisingly, she has somehow still survived almost a year under Brian while still... — read more
THE Layoff
Kathy T done.....
No one is immune....
Goodbye to Kathee! http://www.startribune.com/tesija-leaves-as-target-s-top-merchandiser/309793651/
Benchmarking HQ employees vs other companies
Costco = 5,500 HQ employees Home Depot = 4,000 employees Walmart = 14,000 employees Amazon = 25,000 Target = 12,000
NEW Re-org / Layoffs to come !!
The timing is not final .... but I heard before labor day. Consolidation of various office buildings will be announced too - layoffs minimal.
More direct reports = more power?
I have always wondered why is it that some people in leadership positions just want to have more and more people in their reporting structure. Does that make them important? More secure of themselves? "Kingdom builders" is what I heard they are... — read more
Let's keep this on topic: Anything about Layoffs at Target - When, Area's, Positions etc.
Can we all please agree to respond to and post only about layoffs at Target. The off topic rants and baiting posts are driving away those that might have information that can help, If we all agree to ignore anything off topic it should clear up some... — read more
Steinhaffel's Stock Price Goal $100 by 2017? At $85, It's In the cross-hairs !!
Who gets the last laugh? We all applauded when Gregg beat the proxy fight and then set the goal for $100 by 2017. All the team members were on-board as if they could 'just sit back and collect'. Complacency lead to a failure. I applaud the new... — read more
Next round
Excited for the next round....how long will we have to wait?
The Target of today.
See the market value of every major retail chain (maybe except Costco and Walmart)? Kmart, Sears, Target, Best Buy, they all are penny-pincher businesses and the market value will never be as the one of companies that produce really valuable stuff... — read more
thebreakroom.org
we in the stores would love to know what's up with corp... thebreakroom.org is our message board not affiliated with Target in anyway and is anonymous. any news to share? i'm just a member but come register and share information... we would love any... — read more
If I hear @ Awesome or @ Development Ops or Agile one more time, I'm going to puke.
If you have to keep saying it for the 1000th time you don't have it embraced. Let's just get stuff done and dispense with the wasted marketing effort. Based on posts on inside tgt 5 or 6 people are ripe for next round of layoff.
Here's an idea..
Remember when the idea was: "if you want people to embrace change, you bring them along and give them a seat at the table?" Here's a novel idea: send a survey to all non-managerial personnel, asking for their ideas on transformation, redundancies... — read more
Call for transparency
Hey Brian grow a pair and state measurable transformation goals up front just like your employees have to. What is your optimal number of layers and ratio between each? Evp to svp to vp to sr dir (breath) to dir to sgm to gm (breath) to mgr to tm... — read more
I think we need to re-take the BTS...
I was honest and authentic with you, Target Execs. If even half of the team did the same, there is no way you can spin the results as being essentially favorable. Clearly you do not ascribe to the happy employees = successful business equation. The... — read more
Time to lead boys and girls.
Time for leadership to lead and stop asking dumb*$$ survey questions. If you are looking for worker bees to tell you what has to be done....you should submit resignation today.
GTKY, meet GTKYJ
I think there should be weekly Get To Keep Your Job meetings so that you know you are safe for the week ahead.
Target toxic for many workers right now.
Target is not a great place for workers right now, only shareholders count. I get some workers / retirees have target stock and this is a good run for now. But you are stupid if you have too much stock that you care about and still work here. Finance... — read more
What Needs to Happen
1.) More reductions: 25% workforce (US), 50% Leadership, and 75% TI. (Sorry TI, but the ROI really isn't there for a smaller, more nimble company.) 2.) Find a way to sync up with Amazon, both with Target.com (which also needs to be ditched), AND in... — read more
Shout out to...
Our awesome GTKY/coffee status crowd
Layoffs done for now. Can we start promotions for the leaders who led to this situation?
Layoffs done for now. Can we start promotions for the leaders who led to this situation?
Worker to Manager Ratio
Wayyy too high Chief to Indian ratio. Should be a 10:1 ratio MINIMALLY all the way up. Should we need 9 layers if mgmt? Transformation: should the same people that got us in the bind really be the ones planning the changes? I see a majority of the... — read more
Magic Mike says no directive front BC on RIF or organization. Yet we know 30% expense reduction target in place for TTS in 2015.
Who believes he has not been given some direction...what bull. BC and JM are pulling all the strings around here.
It was all predicted and announced here: https://www.thelayoff.com/target/post/4911886638252032
Just a reminder, someone posted the scenario 3 weeks ago: https://www.thelayoff.com/target/post/4911886638252032
What Needs to Be Changed at Target
If you had all power one may have, what would you change at Target tomorrow?
GTFO or STFU
put in your 2 weeks tomorrow or shut up I'm tired of all the complaining about how this, that or something else about working at Target is, was, or will be screwed up. If you don't like working for Target now or think it's about to explode/implode... — read more