Target has laid off 2,300 employees across 2 rounds since 2025.
2,300
Total Laid Off
2
Rounds
Retail
Industry
Jun 2026
Most Recent
June 10, 2026
500 employees
Target said it would eliminate about 500 corporate and distribution roles in a reorganization concentrated in distribution operations and regional district teams, with store-level workers unaffected, per a June 10 SEC filing.
October 23, 2025
1,800 employees(8% of workforce)
Target cut about 1,800 corporate jobs — roughly 1,000 layoffs plus 800 unfilled roles, about 8% of its corporate workforce — its first major layoffs in a decade, as incoming CEO Michael Fiddelke moved to revive growth after years of stagnant sales. Store and supply-chain roles were unaffected.