LOL, no mention of the company's massive misstep in loudly eliminating its DEI policies
"PBS: Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster"
I stopped shopping online at Target when it stopped being supportive of the LGBTQ+ community. So when Target announced layoffs today, I looked to see if the press mentioned this.
Reuters, 2nd paragraph: "The move, unveiled by incoming CEO Michael Fiddelke in memo to employees on Thursday, comes at a time its share price has lagged rivals and the company has faced backlash for pulling back from its diversity, equity, and inclusion policies."
https://www.reuters.com/business/world-at-work/target-plans-lay-off-1800-employees-wsj-reports-2025-10-23/
CNN, 3rd & 4th paragraphs: The layoffs, which come ahead of the critical holiday shopping season, are the latest sign of struggles at the Minneapolis-based company. It has been been reeling from slumping sales and fierce blowback to its retreat on DEI programs.
Its decision to end some of those initiatives angered supporters of diversity and inclusion policies, who felt blindsided. Target had staked out a reputation as a strong corporate supporter of DEI.
https://www.cnn.com/2025/10/23/business/target-layoffs

Target is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base. A company spokesperson said on Thursday that about 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs. The cuts represent about 8% of Target’s corporate workforce globally, although the spokesperson says the majority of the affected employees work at the company’s Minneapolis headquarters. The veteran executive who is set to become Target’s next CEO on Feb. 1 announced the downsizing in a note to personnel.