October 29th 2025.
Target, a popular retail store, recently announced that over 1,000 employees at its headquarters in Minneapolis will lose their jobs. This decision is part of a plan to streamline operations and promote growth, as stated by Fox 9. According to the company, this restructuring plan will also eliminate 800 open positions. The affected employees, mostly based in the United States, were asked to work from home until they received their fate on October 28th. However, employees working in Target's physical stores do not have to worry about this downsizing plan.
It is worth noting that this cutback represents almost 8% of the company's global workforce. Target's spokesperson emphasized the significance of these cuts and mentioned the company's efforts to support its affected employees. They will receive pay and benefits until January 3rd, 2026, as well as severance packages and access to support services.
Many are questioning if these layoffs are a result of the company's recent struggles with sales. In early 2025, Target faced a significant backlash for scaling back its diversity, equity, and inclusion initiatives. Reports have emerged about declining sales, which some attribute to a national boycott against the company. This includes a 40-day fast led by Pastor Jamal Bryant and other civil rights leaders.
The news of these layoffs came from the incoming CEO, Michael Fiddelke, after the current leader, Brian Cornell, announced his resignation, which will take effect on February 1st, the first day of Black History Month. In a statement to CBS News, Fiddelke acknowledged the impact of these layoffs on the team but stressed the need for change. He said, "I know this will be difficult for our team, but it is a necessary step in building the future of Target and achieving the progress and growth we all desire."
Interestingly, this announcement comes at a time when many consumers are considering boycotting several companies due to the ongoing government shutdown. Social media is filled with calls to cancel holiday shopping, including the upcoming Black Friday sales, in response to the struggles faced by millions of Americans. Popular influencer Cindy Noir even suggested that Americans should "close their wallets" to get the government's attention. She wrote on Instagram, "To me, the only logical response to the government cancelling SNAP benefits is for Americans to cancel the holiday season."
Other social media users have echoed similar sentiments, with some suggesting to cancel Thanksgiving and Christmas altogether as a form of protest. It is evident that the timing of these layoffs could not have come at a worse time for Target, as the company faces potential backlash and boycotts during the holiday season.
[This article has been trending online recently and has been generated with AI. Your feed is customized.]
[Generative AI is experimental.]
