Target lays off 475 corporate employees, cuts 700 open positions
MINNEAPOLIS – Target Corp. laid off 475 corporate employees Wednesday as it struggles with disappointing sales, Canadian woes and aftershocks from its massive data breach.
It has also eliminated 700 open positions, which together with the layoffs represent about 8 percent of its Twin Cities corporate workforce. Target wouldn’t disclose how many cuts came at its Minneapolis headquarters.
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