a decade+ of bad calls have wrecked the org. period... Merch is an utter mess. It used to be elite - now it is junk. sooo hard to see how they recruit. The brass tanked the stock valuation with suic_idal blunders.
SO… LAYOFFS hit Tuesday. HR says my final day is HALLOWEEN. 🎃 That’s right — my job literally ghosted me.
Now I need a COSTUME that fits the VIBE: something between “Corporate Casual” and “Emotional Damage.” Otherwise, I need a costume that says “spooky, broke, and still pretending to care.” 👻🎯 Ideas so far: • 404: Job Not Found • Spirit Halloween... — read more
The wfh ask is convenient
I find the ask to wfh next week really icky. What happened to all that talk about connection and collaboration? These are layoffs. There are real people that are going to be affected. Not just another headline.
Stores and the supply chain are definitely safe this round?
That’s what I understood, but I just want to be sure. You’ll have to forgive my skepticism and distrust.
Performance driven?
Does anyone have insight into whether or not performance reviews will factor into decision making or is it just algorithm based or what?
Anxious
This is my first time going through a potential layoff, and I’m really struggling with the uncertainty. Ever since we heard the news , I’ve been anxious nonstop — it’s hard to , join calls, or think about much else. How are you coping or... — read more
How many of each level 4-9 are there at HQ?
Just curious if anyone has rough numbers on how many people are in each level from 4 to 9 at headquarters. I imagine some pyramids are heavier in 4s than others and so on. If sources are saying 1000 actual people will be cut plus roughly 800 open... — read more
Outside Hire for Enterprise Acceleration
With Michael taking on more as CEO, they’re bringing an outside team to lead enterprise acceleration: Thelma and Louise
Do RSUs vest?
If you have invested RSUs and are let go, what happens to them?
Out Immediately or Work 60 More Days
If you do get laid off on Tuesday, is that your last day at Target or is it going to be one of those instances where they tell you that you have 60 days? Or maybe you stay on for x amount of time to train your Target India replacements?
Sad thing is, we do have people who should be laid off
But we all know none of them will be affected. You all know who I'm talking about. People who barely do anything but are really good at a-s kissing and yes manning. I'm sure every team has at least one of them, and they've been here forever despite... — read more
VPs SVPs
Some VPs and SVPs got laid off yesterday and today. Anyone know who has gone so far?
Cat & Jack?
Will cat & Jack be heavily impacted by layoffs?
Non-Compete
Will those that are let go have to sign a non compete?
Encouragement
I know there are a lot of people at target who have worked there many years, and perhaps even their whole career since college. I don’t know how I’ll be impacted next week but I am new enough to target to know this sh-t happens and it su-ks for a... — read more
SVP, VPs, & Sr. Directors
Unfortunately those impacted will likely be the team members who actually do the work. As a former Target HQ employee of more than a decade, I can tell you to look at SVPs, VPs, and Sr Directors who have no investment in the team in Minneapolis and... — read more
Are Remote L5s a target?
I see a lot of talk about L6’s and up being the target of the layoffs, but I’m wondering if this is a chance to eliminate the remote team members, especially since the RTO mandates which is increasing in person workload for our in-office team... — read more
Who makes the decision?
Who makes the decision on who gets cut or not? Directors? L7s and L8s? Saw a comment about a Sr. Director say to their org that they didn’t know and was blindsided by the news. I personally don’t believe that
TTS will be hit as well
Hearing that no one is safe! If you have a job you are not working OT, then someone will be let go! Be ready to take over and do at least 1-2 times more work if you still have a job.
Failure to WARN - Notice Missing on MN State Website
Pretty embarrassing there is no WARN posted yet on the DEED website - https://mn.gov/deed/programs-services/dislocated-worker/dislocated-worker/news/ Not good.
Pyramids Impacted
Curious if anyone has any insights as to which areas or roles are likely to be impacted the most? The only one I heard was analysts but other threads here seem to be saying Merch.
Any consultants engaged?
Does anyone know?
Don’t worry about layoffs, Cornell will still get paid
Here’s a summary of total annual compensation for Brian Cornell in his role as CEO of Target Corporation (since his start in August 2014) as available via proxy/SEC filings and media reporting: Fiscal year Approximate total compensation 2015 ~$16.9... — read more
Will there be any changes to the severance package?
I’ve been hearing some wild rumors, and I really hope none of them are true.
Impact of Layoff to subsidiary
Is the layoffs affecting SHIPT orgs?
The coming weekend will be shittier than usual
I never really get to rest. A day or two off is never enough to relieve all the stress that builds up over the week. The anticipation of next week will probably make it completely consumed by anxiety.
HQ change that fuels our future
On Tuesday, we’ll share changes to our headquarters structure as an important step in accelerating how we work. This includes eliminating about 1,800 non-field roles—about 8% of our global HQ team. As we make these changes, I’m asking all U.S. HQ... — read more
Confused
when is this email coming
I’m over 50, and it feels like that alone makes me a target
I never imagined my age and experience would be a liability when it comes to work, but here we are.
What orgs will be impacted ?
I’m hearing supply chain? Who else e?
Core Inventory Management
Thoughts on the affect on inventory analysts?
Hot off the presses
Just overheard a Sr. Director say that on 10/28 BC plans on tossing the target Lego dog from the C suite lobby onto nicollet mall and then shouting "good luck with this mess everyone" and then retiring early.
My Prediction: Prediction of a Kmart-style wind-down by 2040 if current strategies persist.
Just saying. It's just my gut feel given the direction and how lost the execs are. Zero strategy, poor direction, poor execution. The executives are the ones who should be let go, not the worker.
Will they make any last-minute changes to severance?
Is that something that could happen? My mind keeps coming up with all the worst possible scenarios, and that is the one I cannot stop thinking about right now. It actually makes a bit of sense if the goal is to cut costs, since cutting payouts for... — read more
Don't Panic
There's a lot of anxiety and speculation going on now, and I just wanted to post a friendly reminder to take care of yourself. You're not alone in being anxious, losing sleep, and struggling to function at work. (I am too!) But so far, all we have... — read more