Topics regarding layoffs at Target Corp.

>$3B in SGA expenses ! My friends this is only a tip of expense cutting iceberg. Look for more rightsizing after Q1.

will i be laid off by target

i keep asking myself

Understand the inner meaning Mr/Ms/Mrs Critic on the exclamation marks.

Mr, Ms or Mrs commenting on the exclamation marks (Anonymous3487). Please read the article top to bottom and understand where Target is heading. No one would say in a news article exclusively that they are goig to perform many RIFs in the coming... — read more

There is no "news" in that article, Mr./Ms. Excessive Exclamation Points

However I do like the official canned statement passed on to team members yesterday. Basically "we are constantly looking at our business model which is constantly evolving, and changes can occur at any time. In the meantime, continue doing your jobs... — read more

Worst is not over yet!!! This 475 RIfs & health plan cuts for partimers were planned way before. See the news below,

http://www.startribune.com/business/241571631.html

Announcement was made and 40 in TI. Where did 200 came from?

When is your time

Hey you guy who is asking us to not post here, who are you to tell us when people are getting laid off , employees needs to find out of truth. When are you going to fire the useless GM, SDM, DM , PM etc...who are just telling lies to employees.

Count

As per one director count is 40. Not sure

Testing COE to go in TI

TI will be laying off the entire testing COE in 4 batches beginning today. Today there were 10 associates from Testing COE told to go. This is a fact and i would like to advice my friends who are there, please go out on your own. Fast Fun Friendly

TTS

Agreed

cost cutting - inpats expats

real cost cutting would be calling back all inpats and ask them to work from offshore to show potential, these days with technology facilities work can be done from anywhere, and not sure what DMs GMs and senior technical folks with huge salary... — read more

Did TCW get hit at all?

Around 200 people in India

Around 200 people in India got laid-off.

Layoff may be pay based

I think higher the pay higher the potentiality of lay off. Is all about blindly cost cutting.

DTO All DTO are gone below lead level. Best wishes to both Far Shore and Near Shore partners. It was a pleasure working with you.

Sad part is

the layoff is not performance based it is more of Department based, many good performers are going out, many people with not much potential and performance are still continue.

I am relaxing in home today taken off... phew.

Anonymous3471 can not you read already 50 ppl gone

Where in TI? Dont see anything here. Just rumours and tensed ppl.

What is latest in TI

Thank you Anonymous3467 - keep us updated

TI - Close to 50 so far

PMCoE, TCoE (manual, mainframe), Merchandising, DotCom teams impacted till lunch time. I heard some more will be there post lunch.

TI TEAM IS IMPACTED. PMCOE . i know sgm who is impacted

Target Layoffs

I am very sorry to those who lost their jobs today. Many were my colleagues and friends. I want to wish you well and let you know, in my experience, there is life after corporate employment.

Nothing in TI yet. No signs like security or ambulance on hold like last time.

Did not the memo say that TI will be notified on 1/24?

TI

No responses from TI folks, as they dont have a first-hand account...still taking in the rumors...while everyone agrees it is today, but no one seems to know a guy who got the meeting invite...