Target layoffs continue: 140 more let go at Minneapolis headquarters

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Target is laying off 140 more people at its Minneapolis headquarters and eliminating an additional 50 open positions at U.S. headquarter locations.

Target spokeswoman Molly Snyder told BringMeTheNews in an email that most of the positions eliminated were identified as redundant, and came in the Business Performance Optimization Center of Excellence.

Target notified the employees Wednesday morning. They will receive severance and benefit packages comparable to those who were laid off earlier this year, Snyder said.

Target began cutting jobs earlier this year when it closed the company's Canadian stores. In early March, executives at the company told investment analysts that it planned to eliminate "several thousand" corporate positions over the next two years in order to streamline its operations.

Thousands of jobs have been cut since the retailer's exit from Canada, most of which came in mid-March at Target headquarters in Minneapolis when 1,700 people were told they had lost their jobs on a single day, with 1,400 open positions also eliminated.

About 100 administrative assistants were laid off in May, and about 180 tech operations positions in India were eliminated earlier this month.

The Minneapolis-St. Paul Business Journal says Target is likely to lay off more employees following the sale of its pharmacy business to CVS, which is expected to be finalized later this year.

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