Target Corp. cuts 85 jobs in marketingby Martin Moylan, Minnesota Public Radio
Minnapolis — Target is cutting some 85 jobs in its marketing department, which currently has about 1,100 employees.
Like other retailers, Target has seen sales and earnings fall as consumers keep a tight hold on their wallets, but Target spokeswoman Lena Michaud said the job cuts aren't driven by the economy.
"This is not a reflection on the current or anticipated economy," Michaud said. "This is really just a way we can reorganize our marketing structure, make sure that we remain nimble, and efficient and innovative."
Affected employees will receive full pay and benefits through December 14. They will also get severance packages and 12 months of continued health care benefits. Overall, Target has 12,000 employees at its headquarters in Minneapolis and Brooklyn Park.
Last January, Target eliminated 1,000 headquarters jobs by dismissing workers and leaving open jobs unfilled.