As Target continues to struggle through a difficult 2025, the national retail chain is cutting 1,800 corporate jobs as part of restructuring. According to CNBC, the moves come as the retail giant works toward growth, following four years of slowed sales.
In a memo sent to employees, incoming CEO Michael Fiddelke said the cuts and several other measures will direct the company toward a stronger future. The cuts will be made to approximately 1,000 current roles, while 800 open corporate positions will no longer be filled.
The cuts represent roughly 8% of the company’s corporate workforce according to Fiddelke’s memo. Employees impacted by the moves will receive severance packages, including pay and benefits until Jan. 3, 2026.
Target has struggled in recent years with declining sales th

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