Target

Retail
United States2 layoff rounds tracked
2,400

Total Jobs Cut

October 2025

Most Recent

1,400

Largest Single Layoff

No

AI Cited

Layoff Timeline

October 2025

1,400 jobs cut(8% of workforce)

Reason: Corporate streamlining and cost reduction

Source: Intellizence

May 2025

1,000 jobs cut(8% of workforce)

Reason: Cut 1,000 corporate staff and closed 800 open roles; 8% of global HQ workforce

Source: HRD

About Retail Layoffs

28,477

Total industry layoffs

11%

AI-cited events

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Other Retail Layoffs

Getir

1 round

6,000 jobs
Nike

2 rounds

3,400 jobs
Zalando

1 round

2,700 jobs
Walmart

2 rounds

2,000 jobs
Wayfair

1 round

1,650 jobs

Sources

Intellizence

Corporate streamlining and cost reduction

HRD

Cut 1,000 corporate staff and closed 800 open roles; 8% of global HQ workforce

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