Hearing more talk about the cuts after the board gets ride of Cornell.
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Board of Directors for Target
Brian C. Cornell, CEO of Target
David P. Abney, former CEO of UPS
Douglas M Baker, Jr., former CEO of Ecolab Inc
George S. Barrett, CEO of Cardinal Health
Gail K. Boudreaux, CEO of Elevance Health (Anthem BCBS)
Robert L. Edwards, former CEO of Safeway Inc
When will voluntary layoffs be offered?
“ Popularity game at Target is a real problem. It's like high school or University of Minnesota frat/sorority life for grownups.”
Its also why getting a lay off to TGT (or USB or WF for that matter) is usually a blessing in retrospect for those impacted. Yes its scary/hard at first, but you rapidly realize how these cliquey Midwest offices are laughingstocks to their national rivals/sibling offices.
Popularity game at Target is a real problem. It's like high school or University of Minnesota frat/sorority life for grownups.
The problem lies in leadership, those who rose up based on playing the popular game rather than having the needed skills. The employees that work a hybrid schedule, some in office, some at home, are not the problem. There are many dedicated, hard working individuals making everything happen at the mid and lower levels that work hybrid schedules. The hate for WFH here are from disgruntled former employees or those that wish they could be employed by target but were rejected.
Seems like they are investing more and more into Target India. Someone should share with local media the sheer amount of work being moved over.
Layoffs are brewing and will hit soon after the earnings call. My opinion is that several C-Suite members will leave too.
Will Target be the next KMart or Sears? They sure are trending that way.
This seems baseless and fear-mongering
Likely what will happen is an RTO initiative to try to get folks to quit on their own, because layoffs are expensive.
It has nothing to do with WFH. I do not reside in Minnesota and what I've seen is a bunch of lazy people who used to work in the office, now work at home. There's zero continuous improvement and innovation. It's quite shocking and the trend of unhealthy non turnover continues. Layoffs will hopefully clean house in some pivotal areas.
It should surprise nobody that the lazy WFH culture that has imbedded itself in target corp that there are layoffs.
It seems the concept of "work" is getting up, run out for coffee, eat breakfast, let the dog out, walk 3 batches of kids to the bus stop. Turn your computer on at 10, toss in a load of laundry. Wiggle the mouse a bit, go out shopping, wiggle the mouse, back to the bus stop to pick up, wiggle the mouse, pour a glass of wine, sign out.
This isn't work folks. Coffee guzzling is not a job skill.
Lol
Curious as to what details you’ve heard about which departments will get hit.
In what areas
Not surprising considering that layoffs have been happening for a year plus under the radar.
With how low morale is and how disorganized projects are, it would be a mercy at this point to get laid off. Most of us could do our job searching during the days instead of weekends and late at night then.