Target announced it will cut 1,800 corporate jobs after trying to grow following four years of roughly stagnant sales and boycotts amid DEI backlash. In a memo sent to staff, Target’s incoming CEO, Michael Fiddelke, said the eliminated roles include about 1,000 employee layoffs and about 800 positions that will no longer be filled. “This spring, we launched our enterprise acceleration efforts with a clear ambition: to move faster and simplify how we work to drive Target’s next chapter of growth,” Fiddekele said in a company memo, shared by CNBC. “The