MINNEAPOLIS (FOX 9) - Target announced Thursday it will be eliminating 1,800 positions from its corporate staff.

Target cuts positions, announces layoffs

What we know:

In an email sent to employees, Target said it will be restructuring and will cut about 1,000 employees and 800 open positions will be closed.

Target's corporate staff has been asked to work from home next week, and employees will not find out their fate until Tuesday.

A Target spokesperson told the Associated Press (AP) that the cuts represent around 8% of Target's global workforce, but the majority of employees affected work at the headquarters in Minneapolis.

According to AP, Target's comparable sales dropped 1.9% in its second quarter, and its net income dropped 21%.

The retailer said in the email that the layo

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