Business

Target’s 2026 Restructuring Cuts

Target lays off 500 employees in supply chain and district roles to boost store staffing and fix customer experience issues under new CEO Michael Fiddelke.

Target lays off 500 employees in supply chain and district roles to boost store staffing and fix customer experience issues under new CEO Michael Fiddelke.

The cuts, detailed in an internal memo from Chief Stores Officer Adrienne Costanzo and Chief Supply Chain Officer Gretchen McCarthy on February 9, 2026, target about 100 roles at the store district level and 400 in supply chain operations. No store-level positions will be affected; instead, savings will fund increased payroll, hours, and guest experience training for frontline staff.

The move follows 1,800 corporate job cuts in late 2025 and comes shortly after Michael Fiddelke became CEO in early February 2026. Target aims to streamline districts, reduce complexity, and address complaints about out-of-stock items and checkout lines amid stagnant sales.

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