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Target Cuts 500 Jobs to Boost Store Staffing
10 Feb
Summary
- Around 500 US jobs are being cut to fund in-store investments.
- New CEO Michael Fiddelke leads this strategic shift for Target.
- Previous downsizing in October eliminated 1,800 corporate jobs.
Target has announced plans to eliminate about 500 jobs at its regional offices and distribution sites within the United States. Executives stated this reduction is intended to enable increased investment in its physical stores and to improve the customer experience, a key priority for growth.
The company aims to redirect resources towards bolstering staffing in its nearly 2,000 US stores. This initiative is among the first major strategic decisions under new chief executive Michael Fiddelke, who took the helm last year amid efforts to reverse several years of stagnant sales.
These job cuts add to workforce reductions that began in October, when Target shed 1,800 corporate jobs, marking its first significant downsizing in a decade. The focus remains on enhancing in-store labor and providing new "guest experience" training to employees.
