In a report from the Star Tribune we have learned that Target Corporation is laying off 475 of its employees at its corporate headquarters in Minneapolis, Minn. and will not be filling another 700 open positions the company stated on Wednesday.
Target employs about 12,000 people at its downtown headquarters and has approximately 360,000 employees at its 1,900 stores around the world. The nation’s number 2 retailer experienced slower growth in sales and profits throughout 2013 before it was hit in December with a data attack that exposed the financial and personal information of tens of millions of its customers, obviously hurting the company even more during the critical holiday shopping season.
To read more: https://www.startribune.com/business/241503611.html
