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Target steps up investment in store staffing, cuts about 500 other roles, CNBC reports

ReutersFeb 9, 2026 8:25 PM

- Target TGT.N is stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices, CNBC reported on Monday citing an internal memo.

The big-box retailer said it is making changes to the way it runs and oversees stores to improve the customer experience, a top goal of the company's new CEO, Michael Fiddelke, the report said citing an internal employee memo.

Target will reduce the number of store districts — the geographic areas that its nearly 2,000 stores are broken into, which have dedicated staffing — and put money toward more hours for frontline store employees, the report added.

Target did not immediately respond to a Reuters request for comment.

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