Yesterday, Target Corporation announced news that no one wants to hear—especially just before the holidays.

The Minneapolis-based retail giant informed employees that it is gearing up to eliminate 1,800 corporate roles at the company. Here’s when the layoffs will happen and what it means for the company and its employees.

Target to cull its corporate workforce by 8%

On Thursday, Target’s chief operating officer, Michael Fiddelke, who is set to become the company’s new CEO in February, reportedly sent a memo to employees at the 440,000-strong company.

According to numerous media reports, Fiddelke’s memo didn’t beat around the bush: the company has decided to eliminate 1,800 positions.

Yet the layoffs will not hit the majority of the company’s workforce. Much of its 440,000 employees wo

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