US retailer Target Corp. has said that it will reorganise its marketing department, with the loss of approximately 85 jobs.
In a statement released today (29 October), the company said that the move was part of its “normal business practices”.
“Target routinely evaluates all areas of the company to ensure our organisational structure is effective, efficient and nimble, and that our staffing levels meet the changing needs of our business,” the group siad.
Employees affected by the announcement will continue to receive their full pay and benefits until 14 December, after which they will receive a “comprehensive separation package” based on their years of service.
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By GlobalData