Target Cuts 500 Jobs as Retailer Seeks to Invest in Its Stores

Telstra to outsource hundreds of jobs

Telstra has announced plans to axe another 650 jobs just eight months after cutting 550 roles, with work being outsourced to India.

Target CEO reshapes leadership team in first big move since taking over

Target CEO Michael Fiddelke is reshuffling his leadership team and making other changes shortly after stepping into the top job at the retailer that has struggled operationally

Target cuts 500 jobs as retailer seeks to invest in its stores

Executives said the reductions were part of a restructuring meant to help fix stagnant sales.

Target steps up investment in store staffing, cuts about 500 other roles to help fix customer experience

The big-box retailer is trying to win back shoppers who have complained about sloppier stores, out-of-stock items and longer checkout lines.