It’s not just retailers making cuts.
General Mills began layoffs earlier this year as part of a multi-year reorganization, with one analyst estimating 500 to 600 job losses across North America.
Target executives have been hinting at a restructuring in recent months.
“At our headquarters, team structures and processes have significant opportunities to improve,” Fiddelke said during the company’s second-quarter earnings call. “Everything we do should be in service of our guests, and we’re evaluating how to best ensure our resources and talent better align with our strategy. This evaluation requires that we take a hard look at where, when and how we work.”
He also pointed to the work of the Enterprise Acceleration Office in identifying “areas of opportunity” where the company could better use technology across its operations.
First Appeared on
Source link
