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Report: Target lays off 550 headquarters employees as it exits Canada
New York -- Target Corp. plans to lay off about 550 headquarters employees as the company winds down its Canadian operations, the Star Tribune reported Wednesday. The retailer is also eliminating 170 positions at its tech operations in India that supported the Canadian venture.
About 350 of the headquarters job are being eliminated Wednesday, with the remaining employees to be let go after Target’s stores in Canada are liquidated.
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Report: Obama criticizes Staples on healthcare
Washington, D.C. – President Obama is not pleased with how Staples and other large U.S. companies are handling employee health benefits. In an interview with BuzzFeed, Obama said that Staples and other corporations should not use the Affordable Care Act as an excuse to reduce employee hours or wages.

