Target

Retail
United States2 layoff rounds tracked
2,400

Total Jobs Cut

October 2025

Most Recent

1,400

Largest Single Layoff

No

AI Cited

Layoff Timeline

October 2025

1,400 jobs cut(8% of workforce)

Reason: Corporate streamlining and cost reduction

May 2025

1,000 jobs cut(8% of workforce)

Reason: Cut 1,000 corporate staff and closed 800 open roles; 8% of global HQ workforce

About Retail Layoffs

25,755

Total industry layoffs

14%

AI-cited events

Sources

Intellizence

Corporate streamlining and cost reduction

HRD

Cut 1,000 corporate staff and closed 800 open roles; 8% of global HQ workforce

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