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Target Layoffs To Hit 1,700 Today

The huge staff layoffs at Target Corp.'s Minneapolis headquarters are a visible, tangible phenomenon in the city. The company on Tuesday let 1,700 people go, in the largest downsizing of its headquarters staff ever and the biggest at any Minnesota company since 2002. And 1,400 open jobs will not be filled. The cuts amounted to 13% of the 13,000 HQ employees in the metro area. Target employees reportedly huddled in skyways with colleagues who were let go, wiping away tears. 

Read the whole story at Minneapolis Star Tribune »

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