(NEXSTAR) — Target is preparing to eliminate roughly 1,800 corporate positions, The Wall Street Journal and CNBC reported Thursday, citing an internal memo sent out by incoming CEO Michael Fiddelke.

Roughly two months after naming a new CEO, Target said it plans to cut an estimated 1,800 corporate jobs in an effort to offset the retailer's stagnant sales numbers, according to multiple reports ...

Target is cutting around 1,800 corporate roles in its first major layoff in around a decade as the retailer looks to reverse years of stagnant sales and simplify its operations. The move, unveiled by ...

Some analysts said the appointment of Michael Fiddelke as CEO lacked 'pop' and suggested little change in the retailer's course Target plans to lay off some 1,000 global corporate employees and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The job cuts are the largest in ...

Target is eliminating 1,800 corporate positions. The Wall Street Journal broke the news Thursday. Employees will learn the status of their employment on Tuesday, Target confirmed in an email. The ...

As Target Corp. prepares for a new era with Michael Fiddelke at the helm, the retailer is reportedly cutting jobs in an effort to reduce the “complexity” that its new chief executive says slowed down ...