A new round of layoffs will reportedly begin Tuesday at Target’s Minneapolis headquarters, one day after Gov. Mark Dayton met with the company’s CEO. Employees said that a couple dozen upper managers were let go on Monday.
Macy’s Inc. is cutting 2,500 jobs as part of a reorganization to sustain its profitability. The announcement comes on the heels of a strong holiday shopping season for the department store chain.
Another potential round of layoffs is looming over one of the Twin Cities’ largest employers. Boston Scientific says it plans to let about 1,500 workers go over the next two years.
Wells Fargo announced hundreds of job cuts in the Twin Cities area Wednesday.
Supervalu is eliminating about 1,100 positions nationwide, or about 3 percent of its workforce, less than a week after the supermarket operator completed the sale of five of its grocery chains.
Boston Scientific plans to cut as many as 1,000 additional jobs this year as the medical device maker expands a push to reduce operating expenses.
Hundreds of job cuts were announced today at General Mills. The food conglomerate, based in Golden Valley, is eliminating 850 jobs worldwide and about half of them in the Twin Cities.
The Minnesota Historical Society announced plans to accommodate a $1.6 million cut in state government funding for annual operations of its programs.
Hutchinson Technology broke the news to its workers Tuesday morning that a number of them will not have jobs.
Close to 50 people could be losing their jobs in the Rosemount-Apple Valley-Eagan School District.
Tyco Electronics plans to cut about 250 jobs in the Twin Cities by September.
Lockheed Martin Corp. announced on Thursday that it will close its plant in Eagan, which effects about 1,000 jobs in Minnesota, the company said in a news release.