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Report: Target lays off 1,700; to cut 1,400 positions
Minneapolis – Target Corp. laid off 1,700 mostly headquarters employees on Tuesday and is eliminating 1,400 open positions. According to the Minneapolis/St. Paul Business Journal, Target notified employees of the workforce reduction in an email.
The cuts are part of a two-year, $2 billion corporate restructuring. Roughly 13% of the jobs in Target’s Minneapolis workforce will be eliminated, the report noted.
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Deliv snags former eBay product chief
Deliv, the crowdsourced, same-day delivery service used by many omnichannel retailers, has hired an ex-executive at eBay to be its new product chief.
Kenneth Pate, former VP of product management at eBay, will bring a decade of experience in omnichannel execution to the startup. The company says Pate will be responsible for the Deliv experience across the same-day delivery service value chain, which includes retailers, shoppers, drivers and mall operators.
