Topics regarding layoffs at Target Corp.

Topics regarding layoffs at Target Corp.

Bangalore, Chennai, Hyderabad...

Right, we'll just cut of all internet and phone connections to Bangalore, Chennai and Hyderabad just to keep TI guys in dark. Give me a break, India was posting on this site when no MN folks even knew that the site existed - TI is as always two step... — read more 

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Post ID: @OP+tO3AAfo

Target India - Please keep quiet

As it was requested today: please be quiet and do not communicate the layoff news to Target India resources. They will be notified by their management at the appropriate time.

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Post ID: @OP+tOnmioC

Construction Dpt

No hits in construction as of today

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Post ID: @OP+tOiRa4Q

I agree on TI

We'll see what happens, I think this site will get a million views today

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Post ID: @OP+tNKKUMj

Blood Bath at TI

It will be a mayhem at TI ...

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Post ID: @OP+tNGDqYK

Disappointed

It is disappointing when I continue to see Target cut top talent in the IT space. I can speak to it from a person who has been through being let go, the folks that were cut who were good will have new jobs in 3-5 weeks. It will take Target 3-5 years... — read more 

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Post ID: @OP+tNrD7Ua

@severance

20% of salary? That seems low. Is the percentage based on some variable such as years of service? I know in my area those let go weren't here very long.

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Post ID: @OP+tNLGrye

@Anonymous3412 - what team are you on?

I heard at least 400 more in March, cannot confirm though. They will try to stabilize things and then cut even more.

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Post ID: @OP+tNU9ipC

The first one to announce

Kudos goes to "Anonymous3345 (Marketing), Wednesday 01/22/14 16:03:51 UTC // Sorry guys, afraid the cuts have started. 9:45 folks got notices and now 11:00am meetings scheduled."

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Post ID: @OP+tNyfg7L

More coming?

25% of my team was cut today. Will there be another wave of layoffs coming? February? March? At all?

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Post ID: @OP+tNZxtex

Severance

Hqs exempt: You essentially remain an employee for 45 days, with company healthcare and pay. After 45 days you have to sign your severance agreement in return for a Taxable severance which is appx. 20% of salary.

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Post ID: @OP+tNxtVoV

@Anonymous3403 - sorry to hear it

BTW, did you guys at HR this was coming (for non HR folks) _ I am assuming you did not know that you will be hit.

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Post ID: @OP+tNOPC9H

HR was hit hard. People who were SVP favorites were saved. Co-workers who had 8+ years and great review scores in the past were let go.

It's unfortunate Target let some of these people go and others stayed. Always a tough thing. The HR group that I know had some amazing 8+ year veterans who were top notch. They even contacted a co-worker who was on vacation in Mexico that they were... — read more 

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Post ID: @OP+tNbwoxO

Target India

Guidance: "Please do not reach out to partners in Target India until January 24 as messaging will come from their leaders within the next 24 hours"

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Post ID: @OP+tN6RKD7

Severance Package Information

Can you guys post your severance deal here so we can compare? I'd post but luckily I am still around - I am very much concerned that I will be affected in the next round (March 2014). Thank you!!!

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Post ID: @OP+tNZZGle

PMCOE

I think we are around 6% in cuts here at PMCOE

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Post ID: @OP+tNpvSjk

Deepest cuts in TTS according to Pioneer press

Target cutting 475 jobs worldwide By Tom Webb twebb@pioneerpress.com POSTED: 01/22/2014 12:01:00 AM CST UPDATED: 01/22/2014 01:25:19 PM CST Target Corp. laid off 475 corporate employees Wednesday, as it struggles with disappointing sales, Canadian... — read more 

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Post ID: @OP+tNjkwn5

Severance packages

Anyone aware of what the severance packages include?

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Post ID: @OP+tN9nqN0

High Level Details...

475 layoffs today People affected are being told throughout the day, will be escorted out by 3pm 700 open positions will not be filled No hiring freeze but positions will be filled very strategically Official company statement will be made within... — read more 

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Post ID: @OP+tN398Ot

High Level Details...

475 layoffs today People affected are being told throughout the day, will be escorted out by 3pm 700 open positions will not be filled No hiring freeze but positions will be filled very strategically Official company statement will be made within... — read more 

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Post ID: @OP+tNHvk6w

TI team members need to stop using this site to complain

This is a layoff informational website. It is not intended for Target TI team members to complain about their management. If you don't like your job, either do something to change the way things are done or leave. Nobody is forcing you to work for... — read more 

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Post ID: @OP+tNwk0lw

TTS

Tomorrow its going to be TCOE in TI I heard

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Post ID: @OP+tNjdHwu

Reorg in progress

A call today at 11:00 indicated that PMCoE and BTT will be merged , while other elements from BTT will be rolled into solutions or service architecture. More info to come on 24 January.

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Post ID: @OP+tNdHyTP

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