Do you really think that at a company that employs 350,000+ full time employees is going to cut 150 because of "Obamacare"? As if those 150 employees actually make a dent.
"The layoffs were caused by changes and shifts in roles and responsibilities" Nope
"The layoffs were caused by changes and shifts in roles and responsibilities" Nope. Thats the canned response. It absolutely, 100% due to the ObamaCare insurance mandates. They don't want to (can't afford to) insure all those people. Thanks barry and... — read more
Can you clarify "Waht kind of $s they would have offered to these 150 folks"
Can you clarify "Waht kind of $s they would have offered to these 150 folks"
Waht kind of $s they would have offered to these 150 folks? I am getting tempted take it and move out before thay lay me off...
Waht kind of $s they would have offered to these 150 folks? I am getting tempted take it and move out before thay lay me off...
Waht kind of $s they would have offered to these 150 folks? I am getting tempted take it and move out before thay lay me off...
Waht kind of $s they would have offered to these 150 folks? I am getting tempted take it and move out before thay lay me off...
@BuckBuck - you are clueless, this was a cold calculated strategic move - has nothing to do with execs playing a personal game
@BuckBuck - you are clueless, this was a cold calculated strategic move - has nothing to do with execs playing a personal game
What that means is the executive team hasn't met their goals, so in order to show profits they need to sacrifice employees
What that means is the executive team hasn't met their goals, so in order to show profits they need to sacrifice employees. Any statements to the contrary is pure BS.
I interviewed at Target a couple of years ago
I interviewed at Target a couple of years ago. I'm 40 and even told I look young but I really felt out of place there. It was like walking the halls of college. Don't call me a fogey.
The numbers are off here quite a bit… If you add in the number of contractors that got axed today it's more like thousands rather than...
The numbers are off here quite a bit… If you add in the number of contractors that got axed today it's more like thousands rather than hundreds of resources cut. If someone wanted to do a story it might be interesting to see how may of those laid off... — read more
Go to Target's North Campus in Brooklyn Park and check out how many East Indians and other foreigners work there
Go to Target's North Campus in Brooklyn Park and check out how many East Indians and other foreigners work there. They aggressively hire non-citizens by the bus load.
i think i heard 1 week per year of tenure, i believe there is a cap as well
i think i heard 1 week per year of tenure, i believe there is a cap as well
Target will be outsourcing for cheaper workers
Target will be outsourcing for cheaper workers. Look to Indian firms getting most of the eCommerce growth. Go figure, corporate taxes increased in this state and companies are moving out. You can't blame Target for this one.
does anyone know what was the severance packega offered to these 150 folks?
does anyone know what was the severance packega offered to these 150 folks?
It looks like the layoffs affected the archives and archival staff as well.
It looks like the layoffs affected the archives and archival staff as well.
I think this round had two objectives - cut costs and shake things up - we suck in mobile, our web presence is ok (ish)..
I think this round had two objectives - cut costs and shake things up - we suck in mobile, our web presence is ok (ish)... Infosys will do things for less money, the money we save will be reallocated towards making mobile stronger and improving web... — read more
This is strange as most of the cuts came from the ecomm teams. "...150 Target layoffs to make room for ecomm and tech hires to help in...
This is strange as most of the cuts came from the ecomm teams. "...150 Target layoffs to make room for ecomm and tech hires to help in areas like mobile sales, site merch and UX."
A majority of the layoffs hit the target.com teams
A majority of the layoffs hit the target.com teams. Kind of strange as they are putting a bigger focus on their digital efforts. However we saw entire teams that ran things such as Cyber Monday, Black Friday for Target.com, Online Circular, and even... — read more
A majority of the layoffs hit the target.com teams
A majority of the layoffs hit the target.com teams. Kind of strange as they are putting a bigger focus on their digital efforts. However we saw entire teams that ran things such as Cyber Monday, Black Friday for Target.com, Online Circular, and even... — read more
They outsourced the jobs to infosys
They outsourced the jobs to infosys
A majority of the layoffs hit the target.com teams
A majority of the layoffs hit the target.com teams. Kind of strange as they are putting a bigger focus on their digital efforts. However we saw entire teams that ran things such as Cyber Monday, Black Friday for Target.com, Online Circular, and even... — read more
Outsourcing to India caused the layoffs
Outsourcing to India caused the layoffs
That 4.5K corp employee number is not accurate - check this out: "The Target spokeswoman would not identify specific work areas where...
That 4.5K corp employee number is not accurate - check this out: "The Target spokeswoman would not identify specific work areas where employees were laid off. About 11,000 of Target's 15,000 headquarters employees work in downtown Minneapolis, and... — read more
STUPID: "...150 Target layoffs to make room for ecomm and tech hires to help in areas like mobile sales, site merch and UX."
STUPID: "...150 Target layoffs to make room for ecomm and tech hires to help in areas like mobile sales, site merch and UX."
Three locations were impacted: Downtown, 394 & Brooklyn Park
Three locations were impacted: Downtown, 394 & Brooklyn Park
Target Corp
Target Corp. on Wednesday laid off about 150 of its 15,000 Twin Cities corporate employees as executives tackled inefficiencies at a time of growing uncertainty about shoppers’ behavior. The move affected workers at the firm’s tower headquarters in... — read more
Some Target Corporation layoffs took place on Wednesday, according to Biz Journals on Oct
Some Target Corporation layoffs took place on Wednesday, according to Biz Journals on Oct. 9. The move is said to be part of an effort to transform their business, and is not a reaction to sales performance, according to the company spokesperson... — read more
There is approximately 4,000 people in corporate, so 1.5% got hit
There is approximately 4,000 people in corporate, so 1.5% got hit. Marketing was affected, not sure about other groups...
What percent of total corporate employees is this? Were any particular departments hits?
What percent of total corporate employees is this? Were any particular departments hits?
What percent of total corporate employees is this? Were any particular departments hits?
What percent of total corporate employees is this? Were any particular departments hits?
Rumor on the street is @Target is doing another round of layoffs, 600+ from a laid off notified employees' word.
Rumor on the street is @Target is doing another round of layoffs, 600+ from a laid off notified employees' word.
@"2013 layoffs just announced" do you know what groups are affected?
@"2013 layoffs just announced" do you know what groups are affected?
Layoffs have begun
Layoffs have begun. As of 9:45am Target began layoff discussions. My wife and her entire team were impacted. Not sure total #s. Im at HQ now and seeing people walking out with boxes. Not good
Any news? Heard rumors...
Any news? Heard rumors...
I've heard rumors about upcoming layoffs at Corporate - It's not going to be like 2009 when 500 people were let go, at the same time we have...
I've heard rumors about upcoming layoffs at Corporate - It's not going to be like 2009 when 500 people were let go, at the same time we have a large group over here and any cuts will be felt big time. Last time no indication was given that the cuts... — read more
On the bright side Target is opening store here in Canada, which means more jobs and a convienent way to shop.
On the bright side Target is opening store here in Canada, which means more jobs and a convienent way to shop.
Target india is under takeover rumours
Target india is under takeover rumours. Key people (with higher salaries) pressing or made to press exit buttons at all levels.Many of the directors and VPs at Target corporation india are gone(some in a matter of days). Tight capital funding for... — read more
Jan 28 2009Even the almighty Target isn't immune from the economic woes gripping the nation
Jan 28 2009Even the almighty Target isn't immune from the economic woes gripping the nation. The Minneapolis-based retail giant laid off 600 employeesin January in the Twin Cities, adding to the list of tens of thousands of job losses at companies... — read more