Struggling retail chain Target is primed to announce hundreds of job cuts and a possible operational restructure following its profit warning last month, as the Wesfarmers-backed business tries to dig itself out of a financial hole.
The shake-up has already begun, with the axe falling at the chain’s marketing department last week, and speculation is rife that up to 200 more back-office jobs are to be carved out of the company. Sydney Morning Herald – Read more…