Target announced it is cutting roughly 500 corporate jobs as part of a major restructuring that coincides with the start of new Chief Executive Officer Michael Fiddelke’s leadership. The cuts come just days after Fiddelke officially took over as CEO earlier this month, marking one of his first significant strategic moves to reshape the retailer’s operations amid sluggish sales, according to Reuters.
According to an internal memo shared with employees, about 100 positions at the store district level will be eliminated, alongside approximately 400 roles in supply-chain sites. Target said these changes are part of an effort to simplify its organizational structure and redirect savings toward store payroll, additional labor hours, and guest-experience training. Frontline store jobs are not affected. Company leaders and Fiddelke’s team described the restructuring as a way to accelerate decision-making and strengthen frontline operations, a priority Fiddelke signaled before taking over. The layoffs follow a much larger workforce reduction announced in October, when Target said it would cut about 1,800 corporate roles as part of a broader turnaround plan.
Analysts see the timing of this latest round of cuts as closely tied to Fiddelke’s focus on improving the shopping experience and reversing years of lackluster sales performance. By cutting overhead roles and consolidating districts, the company aims to standardize processes and give store leaders more autonomy.
Target emphasized that affected employees have been notified and will receive transition support, including benefits and resources to help with the change.
Not a fan of frozen food, but it’s popular. I’ve seen an improvement in the grocery section, happily, but more products and choice needed, Health & beauty, natural products, and hardware almost none.