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As Target Corp. prepares for a new era with Michael Fiddelke at the helm, the retailer is reportedly cutting jobs in an effort to reduce the “complexity” that its new chief executive says slowed down the company.
The Wall Street Journal on Thursday
reported that Target TGT plans to lay off some 1,000 global corporate employees and eliminate 800 open positions, or around 8% of its corporate ranks.
This post was originally published on Market Watch
