RetailUS

Target Layoffs

February 2024

Target announced a layoff affecting 500 employees in February 2024. The company operates in the Retail sector.

People Affected

500

Announced Date

Feb 12, 2024

About

Target announced on Monday, February 12, 2024, that it is laying off about 500 employees at distribution centers and regional offices as part of a restructuring effort to improve customer experience. The company is reducing store districts and reallocating resources to increase staffing and training in stores.