Target Corporation announced Wednesday that the company would be eliminating about 475 positions. The news comes after more than a month’s worth of bad press over a data breach.
Businesses looking to expand their operations and hire new employees in Minnesota may not qualify for help from a new job creation fund. The program was announced Friday by Gov. Mark Dayton and Katie Clark Sieben, commissioner of the Department of Employment and Economic Development. “The $24 million Job Creation Fund is now open for business,” Katie Clark Sieben said. She says the “pay for performance” business development initiative will help create 5,000 jobs, and another $450 million of private investment into the economy.
Thousands of Minnesota’s federal employees who’ve been furloughed during the government shutdown are back on the job. Offices and programs providing federal services, affected by the shutdown, reopened Thursday morning for the first time in 16 days.
As the government shutdown enters day 15 with some progress on a deal, eight bars and restaurants in St. Paul are doing what they can to help furloughed employees. And what better way than with free beer.
Target said on Wednesday it let 150 employees go from its corporate headquarters. The company said the cuts were necessary to “eliminate duplications” and because of shifting roles to focus on its top priorities.
Among those testifying in Washington Wednesday on ways to hire more military veterans was the chairman of Xcel Energy.
It’s a situation that would make any employee nervous; the boss is selling the company. Four hundred workers of a Bemidji-based grocery store chain wondered their fate when the longtime owner decided to retire.
IBM is moving hundreds of its manufacturing jobs out of its Rochester plant and into Mexico, and New York.
Officials with Best Buy, Inc., announced Tuesday they’re cutting costs and eliminating 400 jobs at its Richfield headquarters as part of a restructuring plan.
Public pension plans for Minnesota government employees are underfunded by more than $16 billion — a deficit that’s $4 billion larger than it was when lawmakers tried to shore up the problem in 2010.
Xcel Energy crews from Minnesota and Wisconsin are lending a hand in Ohio where about 445,000 customers are without power because of weekend storms.
A federal judge ordered a Twin Cities franchise owner to rehire six workers.
The lockout of union employees at American Crystal Sugar Co. is entering its ninth month, but it’s mostly quiet outside the company’s processing plants.
A new study shows a flexible workplace leads to healthier employees.
The Minnesota Lynx season has ended and the Timberwolves are on a lockout, but that didn’t stop them from coming together for a good cause.