Target announces corporate office layoffs

Target Corporation announced layoffs this morning at its corporate headquarters in Minneapolis, adding to the tens of thousands of job losses that have already been announced this week.
"Like many other companies, Target is taking actions to manage payroll and non-payroll expense in the current economic environment," Target said in a prepared statement. "We believe the decisions we are making, though difficult, represent appropriate actions to manage our business and maintain our competitive advantage going forward."

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