Key Takeaways Target plans to cut 1,800 corporate positions, or about 8% of its global workforce.The retailer aims to boost efficiency and speed execution ahead of the holiday season.TGT shares have fallen 37.6% in a year, while peers Walmart and Amazon gained ground.Target Corporation (TGT) is taking bold steps in response to mounting competitive pressures. According to CNBC, the retailer announced plans to eliminate about 1,800 corporate positions, a move that includes 1,000 layoffs and the removal of rou ...

Canada's Prime Minister Mark Carney waves next to U.S. President Donald Trump at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | ReutersThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Oh, CanadaPresident Donald Trump said late last night that he is ending all U.S. trade negotiations with Canada over an ad aired by Ontario's provincial government featuring ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty ImagesSeeking Alpha News Quiz Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the newest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here is the latest in trending:Featuring Reagan: "ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," President Trump posted on Truth ...

Getty Images Listen below or on the go via Apple Podcasts and Spotify Alaska Airlines ( ALK ) IT outage halts flights . (00:30) Target ( TGT cuts 1,800 corporate job positions in significant downsizing. (01:39) All eyes on CPI report after weeks of economic data blackout. (02:20)This is an abridged transcript. Operations at Alaska Airlines (NYSE:ALK) have been restored after the airline grounded all its flights on Thursday after an IT outage impacted operations. Just before 4:30pm Pacific time, Alaska ...

Getty Images Listen below or on the go via Apple Podcasts and Spotify Alaska Airlines ( ALK ) IT outage halts flights . (00:30) Target ( TGT cuts 1,800 corporate job positions in significant downsizing. (01:39) All eyes on CPI report after weeks of economic data blackout. (02:20)This is an abridged transcript. Operations at Alaska Airlines (NYSE:ALK) have been restored after the airline grounded all its flights on Thursday after an IT outage impacted operations. Just before 4:30pm Pacific time, Alaska ...

Target Corporation (NYSE:TGT) plans to cut around 1,800 corporate roles as the retailer looks to get back to growth, according to several media reports citing an internal memo sent on Thursday.Job Cuts Amid ‘Complexity’It marks the first major round of layoffs in a decade for the Minneapolis-based retailer. Incoming CEO Michael Fiddelke, in an internal memo to employees at its headquarters, said the company will be laying off roughly 1,000 global corporate employees and eliminating 800 open roles, according ...

The US retail giant Target announced on Thursday that it is cutting 1,800 corporate jobs, a significant and painful restructuring that marks the company's first major round of layoffs in a decade. ...

公司重组举措 - 公司将裁减1800个企业职位，占其总部员工总数的8%，这是多年来规模最大的重组[1] - 此次重组包括约1000人被解雇以及800个空缺职位被关闭[2] - 重组旨在简化运营并降低成本，首席运营官指出“过多的层级和重叠的工作”拖慢了决策和创新速度[2] 公司经营挑战 - 公司面临销售疲软和投资者怀疑的困境[1] - 消费者转向低价零售商和自有品牌商品，导致公司在吸引购物者和投资者方面落后于竞争对手[3] - 最近一个季度销售额出现下滑，顾客主要购买食品、保健品和家庭必需品，而非服装和家居装饰等非必需品类[4] - 库存周转放缓、中等收入家庭消费谨慎以及品牌争议是拖累业绩的因素[3] 行业环境与战略调整 - 美国零售业正朝着更精简、更快速和更数据驱动的运营模式转变[4] - 当前零售环境以谨慎为特征，包括公司在内的许多美国大型零售商都减少了假日季的招聘计划以控制开支[4] - 公司正专注于效率和有纪律的投资，以应对消费者更加挑剔的现状[4] - 公司的核心挑战是在控制成本与重塑品牌差异化之间取得平衡，以恢复消费者和投资者的信心[4]

公司战略调整 - 公司进入由Michael Fiddelke领导的新时代 [1] - 公司正在裁员以降低运营复杂性 [1] - 新任首席执行官认为复杂性是导致公司发展放缓的原因 [1]

公司管理层变动 - 新任首席执行官为Michael Fiddelke [1] 公司战略举措 - 举措旨在重振陷入困境的零售商 [1]