Target’s new CEO wants to make stores more welcoming. His latest move is to cut jobs.



Published:

Target is cutting around 500 jobs, as it tries to put money into making its stores more appealing places to shop, according to reports.

The move, as reported Monday by Bloomberg News and CNBC, arrives a little more than a week after Michael Fiddelke became Target’s

TGT new CEO, and after the chain cut corporate staff by 8% last year.


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