WCCO-TV just reported that layoffs at Target HQ should be approximately 2,600 people. And that those being laid off will be notified within two weeks.
Merch should have been the first to downsize !
Merch should have been the first to downsize ! Educate me on the difference between buying underwear, socks, pantyhose, and ... clock radios? Negotiate the cheapest cost, set a margin.. if you can't sell it, you're out !! Do you actually need 20... — read more
This is going to be horrible
If Target is going to lay off that many people, they should do it in one fell swoop. The notion that each day, any employee, could face a layoff is NOT the way to run a company. Either shit or get off the pot.
Related Companies
I see Wal Mart, Sears and amazon.com listed as related companies. Who else would you add to this list? I'll write to the admins.
Target India Layoffs
In Target India..people were called into a room and then they were just asked to pack up in 5 mins and leave. There were cabs downstairs to drop people home and there was an ambulance as well in case of any emergency. You will get to talk to your... — read more
There is life outside of the 'ol red and khaki world of Target
My entire career was also with Target - over 30 years - until I was part of the HQ layoff's last January. Initially the experience was horrific; I couldn't believe "Target" would do this to me after all my years of dedication and service. But the... — read more
Didn't you all see this coming?
Target has to let people go-- a company cannot take that kind of hit and keep business as usual. You aren't all that special - quit drinking the kool-aid - you are paid to do a job, if that job isn't worth what they are paying you or if it can be... — read more
Sorry to hear this news. It may be a really good outcome for you all. Try to stay positive and hopefully you have a good support team.
Lean on friends and family if you can. I was laid off 7 years ago and was the best this possible. It was tough at the time because I'd been with the company for 7 years before they let me go. It's really good to talk these things out. It will help... — read more
Governor Dayton want an explanation from CEO Brian Cornell
Good morning Governor Dayton, glad to see you still give a s@#@t about the company your family started. http://www.bizjournals.com/twincities/news/2015/03/04/target-job-cuts-mark-dayton-brian-cornell.html
Missed call from TARGET at 6128515000 (should I be worried??)
I'm out on vacation this week but keeping an eye on things. I checked my email and saw this. This was an hour ago. Nothing since. Can't remember the last time I got a generic "missed call from Target" via Lync. Is this what I think it might be?... — read more
Does anyone else get the feeling that all non-exempt positions will be eliminated ?
Does anyone else get the feeling that all non-exempt positions will be eliminated and exempt team members will end up taking on the extra responsibilities that are left over?
Mr. Target CEO your new plan will not work.... why?
Stop and think what Target is all about? When you start losing sight on your core business you lose big time. Part of your new vision is the grocery business. Who goes to Target to primarily to buy groceries? Will the prices be cheaper, more... — read more
VP burden!
There are so many VPs now compared to even two years ago. If they want to save money, how about cutting some of those high priced executives? And you thought Steinhaffel's severance was big? You should see what this new regime is sucking off the... — read more
.....the man who gave you the vikings stadium
......just think, the man who devised the new vikings stadium deal also sold and brokered the the target canada expansion to the board of directors. Go vikings!
Just curious....
Who is in the room when you are being told your position has been eliminated? Do you get to talk to your boss? Thanks!
Best company ever?
Do you really believe that you have been working in the Best Company Ever? RedRock, Everest, Canada, Millions into infrastructure projects going to the drain, overhead in TTS CoE's, the best politics win the promotions instead of bureaucracy. Bad... — read more
Breathe in, breathe out, move on...
1.) LinkedIn: Learn it, use it, and love it. It is the biggest and most usefull tool out there right now, and corporate recruiters are falling over themselves trying to integrate it into their own systems (via Workday, Oracle, etc.) Indeed.com is... — read more
Target is the worst-run corporation in history
And every decision made is deeply, deeply flawed. Take, for example, the corporate bloat. The HR model at Target includes a very specific component around the number of direct reports. In order to get promoted, one needs XXXX number of direct... — read more
Target does't GIVE A F#$%!
Target already has a positive media outcome. Designer Television shows, the Gay and lesbian community to home designer to fashion, Collage Girls and Older Ladies ALL LOVE TARGET. To them,Target does no harm and Walmart is DIRT! Even though majority... — read more
Who is Target?
For most guests, it's the employees at their favorite store. Not Brian, John, Kathee, the Board or any of us potentially in the crosshairs. And TI? Most of our guests would be surprised at how many of you are part of the Target Team. A lot of... — read more
eCommerce to be brought in-house, all of it
eCommerce will be brought in on-shore and in-house, completely. I guarantee you this. They want to execute what Macy's doing already (check out their stock price) where they are beefing up eCommerce, making it top notch and linking this with Stores... — read more
What kind of severance packages are being offered this time
Do you know what kind of severance packages are being offered this time? I work in IT but if you do not have IT values any value regarding severance would be very appreciated.
Gregg's Severance Package
Steinhafel's severance will be bigger than severance received by 17,000 people working in Canada that are losing jobs. In short, they'll take home 61 million USD, while the Canadians (all 17,000 of them) will take home around 56 million USD. Now, try... — read more
#selflessness
The target definition for this is "anything you must do, including losing your job to make investors happy"
Let's get Targetized
The Target culture is very Minnesota - it's so passive aggressive. They expect you to conform to them all the time, to be "Targetized" and drink the Target Koolaid. If you aren't super bubbly, ultra social and passive aggressive, you get told that... — read more
I can still remember
Thinking back over nearly 2 decades, I remember when this company celebrated victories with their employees. I remember when this was a fun place to work. Everyone in the community wanted to work here and everyone who worked here held their chin up... — read more
Feel bad for all of the current Target employees. Ex-employee's look from the outside in and back out?
I have to say, I think all of you could have seen this coming. I worked for the company for a long enough time to figure out the ins and outs of the way the "politics" work in this place. Your direct leaders may have not seen this coming, but their... — read more
Target Bonus Structure 2015
With the adjusted bonus plan set forth by Cornell as incentive in 2014, a lot of people are expecting to bonus. I was laid off last year before this was announced can someone enlighten me with more details about what this new bonus structure is?
Anything coming for Bangalore
Any news specific to bangalore office. Which departments are to be impacted?
"us against them"
Will you stand up for the people who have been here 15+ years and built this company or will you take sides with new graduates who are making pointless changes in HQ and let this company turn into Kmart? Look at what they did to the computer techs... — read more
One reason I DON'T want to be laid off...
...is to stick around long enough to see if Cornell gets a fake standing ovation at Fall National the way Steinway always did.
This will be interesting...
I think it should be obvious to all of us by now that our "leaders" don't really have any idea how to fix the mess we're in. Layoffs are always a short term fix to get investors off their backs. No meaningful change will occur until a lot more in... — read more
Charity Donation
I am accepting charity donations, by sending money my way you ensure that an eternal good karma is associated with your soul - please send your charitable contribution to mynameisjeff@gmail.com
Gregg Steinhafel
When on earth will someone hold Gregg Steinhafel (and the Board of Directors - none of which have departed) accountable for getting Target into this mess? Gregg walked away with $40 FREAKING MILLION and now up to 2000 people are going to pay the... — read more
PDD and Merch
For all of you that still believe that PDD is safe, please be realistic