-
Report: Target initiates latest round of job cuts
New York -- Target Corp. has laid off about 140 employees from its Minneapolis headquarters as part of its transformation efforts, and eliminated 50 open positions, the Minneapolis Star Tribune reported.
Including the latest round of cuts, Target has let go about 2,500 workers this year.
Click here for the story. -
Guess who topped the Fortune 500, again
No great surprise that Walmart sits atop the Fortune 500 list of the world’s largest companies with its annual revenues of $485.6 billion.
Naturally, that raises familiar questions about future growth which were addressed by president and CEO Doug McMillon.
According to Fortune, Walmart is a crossroads as it transitions from the big-box era that propelled it to the world's largest company, to one in which customers are fussier about what they eat and can easily comparison shop thanks to the internet.

