News Brief
Summary
Target announced 1,800 corporate job cuts, representing about 8% of its headquarters workforce. This is its largest layoff in a decade, aimed at simplifying operations and accelerating growth amidst a sales slump and upcoming CEO transition.
Key Points
- Layoff Details: 1,800 corporate roles eliminated (1,000 employees laid off, 800 open positions cut).
- Scale: Largest round of layoffs at Target in ten years.
- Leadership Change: Incoming CEO Michael Fiddelke takes over on February 1.
- Reason: Reduce operational complexity, speed up decision-making, and drive growth after years of stagnant sales.
- Financial Context: Annual sales expected to decline; stock price down 65% from its 2021 peak.
- Impact: Affected employees will be notified Tuesday; receive pay/benefits until Jan 3 plus severance. No store or supply chain roles affected.
新闻简报
总结
塔吉特(Target)宣布裁员1800个企业职位，约占其总部员工的8%。这是该公司十年来最大规模的裁员，旨在简化运营、加速增长，以应对销售低迷和即将到来的CEO交接。
关键点
- 裁员细节： 削减1800个企业职位（1000名员工被裁，800个空缺职位不再填补）。
- 规模： 塔吉特十年来最大规模的裁员。
- 领导层变动： 新任CEO迈克尔·菲德尔克将于2月1日上任。
- 原因： 减少运营复杂性，加快决策速度，在经历了数年销售增长停滞之后推动增长。
- 财务背景： 预计年度销售额将下降；股价较2021年峰值下跌了65%。
- 影响： 受影响的员工将于周二接到通知；他们将获得薪酬和福利直至1月3日，外加离职补偿包。门店和供应链职位不受影响。
Original Article Link: https://www.cnbc.com/2025/10/23/target-layoffs-corporate-jobs-sales-slump.html