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Target lets go of 150 India employees
Business Standard
|October 31, 2025
US retailer Target is laying off about 150 people from its global capability centre (GCC) in India as part of the company’s wider layoffs announced last week, people familiar with the matter said.
The company is cutting about 1,800 corporate roles in its first major layoff in a decade as it tries to stem sluggish sales in a weak macroeconomic environment. The number of people being asked to leave in India represents 8 per cent of the total layoffs and just 3 percent of the company’s total workforce in the country. Target had about 5,500 people in India at the end of August.
यह कहानी Business Standard के October 31, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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