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Target Slashes 500 Jobs As Retailer Shifts Focus To Stores. Target is cutting around 500 jobs across its regional offices and distribution centres in the United States as the retailer looks to redirect investment toward its stores and revive customer demand. The job losses were announced to staff in an internal email on Monday, seen by the BBC. Executives said the cuts, alongside a reorganisation of store districts, would allow the company to boost staffing levels where they are needed most. The move marks one of the first major strategic decisions by new chief executive Michael Fiddelke who took on the role last year as the company struggled to reverse more than four years of flat sales. The reductions follow a larger round of layoffs announced last October, when Target cut 1,800 corporate jobs, about 8% of its global corporate workforce. Executives say the latest changes underline a push to improve the in-store “guest experience,” with new training planned for shop-floor staff. But Target continues to face pressure from cautious consumers, supply challenges and recent controversy over immigration enforcement in Minneapolis, adding to the retailer’s ongoing challenges.
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