Target, which has been struggling with sales in recent years, announced it is eliminating 1,800 roles or about 8% of the company’s global HQ team, according to a memo obtained by ABC News. The retail corporation said the restructuring is aimed at reducing "layers and overlapping work." The Minneapolis-based company is in the middle of a CEO transition with incoming chief executive Michael Fiddelke, a company veteran who will take the top job in February, and has started to implement his vision. "The truth is, the complexity we’ve created over time has been holding us back. Too many layers and overlapping work have slowed decisions, making it harder to bring ideas to life," Michael Fiddelke, COO and incoming CEO of Target, wrote in a note to all of Target’s HQ Team Members. The cuts -- whic

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