Fast forward 1-2 years and I think those that survived multiple rounds of cuts and doing more with less will be the biggest victims. There will be lots of silent victims who give up and leave with no severance, no public support. 3-4 years down the... — read more
PD&D?
Anyone know anything?
Read up on the Federal WARN notice
There's quite a bit of speculation here which may or may not be true, but WARN is real and relevant here
Know anything about MPSD?
Anyone know anything about the reorganization of an MPSD?
Who is at risk?
I heard that Managers with PG 13-17 are being "targeted" and that Sr. Managers with less than 20 ppl on their team also have a "bullseye" on their backs. Is this about right?
Next Week Layoffs
This is a poll - What do you think will happen next week?
After Layoff - Mortgage Financing
If I get cut (I hope not), do I have any options as it relates to my mortgage. I am a sole provider in my family and I have a sizable mortgage payment, can I buy insurance or other kind of mortgage instrument that may buy me a few months of lower or... — read more
Dayton wants to talk to Target CEO about layoffs
"Gov. Mark Dayton, whose family founded Target, wants to meet with the company's CEO to discuss coming layoffs and Target's commitment to Minnesota. Dayton told reporters Wednesday that Target officials did not give him any notice of the job cuts and... — read more
Insider Knowledge- BAs-BGone
Insider sources confirm that since Brian Cornell started he has been working furiously with an outside consulting company to truly automate inventory planning and ordering in a new system called DOST- digital ordering system technology. Tests have... — read more
Cornell
I would guess that Cornell arrives in the executive garage, takes the Ulrich lift to TPS-26 in the AM. Spends the day on the floor and takes the lift to the garage in the PM. I would not think that he drifts through the great hall, dines in Target... — read more
Non Compete Contract
Does anyone know what the non compete contract says exactly? How do we know if we signed one? Could I work for a vendor as long as I wasn't the primary contact, but was still on Target's account?
All Finance going to India?
Has anyone heard any thing about all of Finance going to India?
Cobra benefits email
Did anyone else get an email about cobra benefits sent to their spouse only to have Target send a follow up email stating it was sent in error and should be disregarded?
How are so many layoffs all at once conducted?
Can anyone tell me how so many layoffs all at once take place, as far as notification? Is a mass e-mail that is sent out? Assuming that at times it will be many hundreds all in the same day, I am just wondering how they go about it.
Will those recruited in college still get jobs this summer?
I know several students who have accepted offers into the Technology Leadership Program and were destined to start in June following graduation. Is there a chance that these offers may be rescinded before then?
Former Taget Contractor
(Sarcasm) Maybe the mass layoffs will free up even more money for Management to have their bloated million dollar corporate event each year where they fly in famous singers..etc... My thoughts are that Target will become more like Walgreens - and the... — read more
Does anyone know what the severance package was for those laid off in February?
How many base weeks plus weeks per year served?
Is there really thousands of IT people at Target? Seriously folks, how many programmers are needed to sell diapers?
I know that is a gross oversimplification, yet the overhead of such a huge staff must be insane. I feel bad for those losing thir jobs, yet I wonder how Target became so bloated.
Do you think Target's fortunes are going to change after these cuts?
I feel cutting the bloat is the right move but I still have this feeling that some people who really should behelps accountable are getting away with it.. I have seen a huge organization being built by a set of VPs directors and other so called... — read more
The job cuts would come over two years as part of a $2 billion cost reduction and restructuring plan. Start with an example...
Why not to start cutting all the high " command" perks. No more first class trips,no more private jets, no more lobster or expensive cognac, etc, etc.... you name it.
The job cuts would come over two years as part of a $2 billion cost reduction and restructuring plan
Why not to start cutting all the high " command" perks. No more first class trips,no more private jets, no more lobster or expensive cognac, etc, etc.... you name it.
Injustice is the name of the game. Failure comes from above and the ones paying are the ones below
Originally it was reported Target's board of directors was able to slash Steinhafel's compensation on his way out, but upon further review, his stock options, 401(k), and pension pumped the golden parachute up to a whopping $61 million. On top of... — read more
Lay of VP's
Instead of cutting done down the pyramide people why not to cut VP"s. Reduce the salaries of the CEO CFO and the rest of the bunch. They never will do a sacrifice for the company. Like to see those high wages top executive panicking when things go... — read more
Couple of TM's who got pink slip on Feb 11 are back in Target - Not able to understand the layoff strategy.
Surprised to see few TM's online who were removed on Feb11 lay off cycle. But they joined in different teams.
Thursday layoffs?
Any word on layoffs today and on what level?
Non-compete agreements
Does everyone have one (been here so long I can't remember if I do) or are there newly generated agreements drawn up with your severance package? Meaning are you required to sign on the dotted line in order to get your money? Anyone have theirs... — read more
Distribution Centers
Over the past 10-12 months two distribution centers have been rumored to be closing. The DC that I work in has been lighter in freight than I have seen in 15 years and the atmosphere suggests that something is up. Has anyone heard anything that... — read more
New BA Hires starting in June?
Has anyone heard any word about whether or not they will rescind offers from those recently hired who are scheduled to start in June?
What are you up to?
Writing your goodbye email, saving contacts... What else are people up to to prepare "just in case?"
Don't blame Cornell, blame Steinhafel
Gregg left the company in a tough place. Cornell has been through this rodeo before when Sam's Club got rid of 11,200 jobs in 2010. Look back to gain some insights on how this may go down.
Any TTS rumors?
Has anyone heard any TTS-specific rumors? I've heard they are still very focused on HIRING technical talent, but the TTS organization is obviously out-spending its competition. I just haven't heard any good information about what the future... — read more
Layoffs in all depts? One Pyramid is missing !
The fact that most of this forum is arguing and agreeing that certain positions are a joke is proof positive that this company NEEDS the layoffs. so far I've heard Merch, TTS, TSS, Marketing, PDD, Finance early on...... However, no one speaks of the... — read more
April 21st
Heard the broad sword layoffs will be March 10th and the scalpal layoffs all be April 21st.
Any info about when it would start it India?
There were no layoffs yesterday, probably because there are not that many VPs here.
Wish Wisdom for Target Leadership
Hope they take better decisions in Future and make the people who took them accountable