Core Insights - Target Corporation is cutting approximately 500 jobs to reallocate financial resources and enhance the in-store customer experience [1][5] - This marks the second significant wave of layoffs within five months, occurring shortly after the appointment of a new CEO [1][2] Job Cuts Details - The job cuts will primarily affect distribution roles, with around 400 positions eliminated in distribution and 100 at the store district level [3][4] - The layoffs represent about one-tenth of 1% of Target's total workforce of approximately 440,000 employees [4] Reasons for Job Cuts - The reorganization of geographic districts is a key factor in the layoffs, allowing for financial savings that will be reinvested into in-store staffing [5] - The company aims to address customer complaints regarding longer checkout lines and store disarray, which have been linked to lower staffing levels [6]