U.S. Steel Corp. said Tuesday it plans to idle part of its Minntac plant at Minnesota’s biggest iron mine, resulting in about 680 layoffs. It’s the latest symptom of a downturn in the American steel industry that has taken a heavy toll on the Iron Range of northeastern Minnesota.
Best Buy is laying off 500 full-time and 1,000 part-time employees in Canada as it consolidates operations. The Richfield, Minnesota-based company also announced Saturday that it will close 66 of its Future Shop locations and rebranding the remaining 65 as Best Buy stores. The Future Shop website will be folded into Best Buy’s site.
A move to minimize the role of seniority in teacher layoff decisions continued to draw heavy debate in its first Senate test. House Republicans and at least one Democratic senator want evaluations to play a role in the decision to lay off educators when school budgets are tight.
The massive layoffs at Target headquarters will be felt throughout downtown Minneapolis after 1,700 people lost their jobs on Tuesday.
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.
Target’s massive workforce reduction is the latest milestone in a company that has long and colorful history in Minnesota. The Dayton Company, which had popular department stores throughout the Twin Cities, decided to launch something new in 1961 — a discount chain.
On the heels of Target’s announcement to cut thousands of workers over the next two years, Governor Mark Dayton met with Target’s top executive on Monday. Allina Psychologist Lauren Fogel said there are things employees can do when fearing a layoff.
As Minnesota’s governor meets with Target’s top executive, other companies are taking aim at its nervous employees.
The Minnesota House has taken up a bill to change the teacher layoff system statewide. Rep. Jenifer Loon’s proposal would minimize seniority when school boards decide which teachers to lay off. It would require teacher evaluations play a role in the decisions.
Target stock closed down slightly a day after the company announced several thousand employees at its Minneapolis headquarters would be losing their jobs. It’s part of a restructuring plan that the CEO is promising will change how you shop at their stores.
Gov. Mark Dayton is seeking a meeting “as soon as possible” with Target Corp.’s chief executive about the significant layoff affecting employees at the company’s Minnesota headquarters. Dayton told reporters Wednesday that he did not get advance warning as is customary with major jobs announcements of state-based corporations.
Minnesota lawmakers are preparing to vote this week on a top Republican priority that could affect every school in the state.
The bill would allow school districts to lay off ineffective teachers even if they have union seniority and classroom tenure.
A projected budget shortfall could force the Minnesota Zoo to go beyond layoffs and close some of its exhibits this year. Officials say the zoo is facing a budget crisis due to declining attendance and increased costs. A spokeswoman says the zoo is now asking lawmakers for $1.5 million in emergency funds.
Declining attendance and increased costs have the Minnesota Zoo facing a budget crisis. Zoo officials in Apple Valley have asked the state for $1.5 million in emergency funds to help maintain operations.
A Democratic state senator will buck her party’s historical alliance with the Minnesota teachers union and push to drop seniority as the main determinant in teacher layoffs. Sen. Terri Bonoff will formally introduce a bill aimed at the “last in, first out” layoff system common across Minnesota on Thursday.
After a year filled with scrutiny and scandal, the Archdiocese of St. Paul and Minneapolis says cuts are coming. The archdiocese will cut more than $5 million, or about 20 percent from its budget.
General Mills plans to cut 700 to 800 jobs, the second time it’s trimmed its work force in a month, as the food company wrestles with a shift by U.S. consumers away from boxed or frozen meals. The Minneapolis company expects about $135 million to $160 million in restructuring charges.
Layoffs are expected at the Minnesota Zoo, according to zoo officials. Slumping attendance and rising operating costs are leading zoo officials to lay off and unknown number of workers.
In a letter to the Minnesota Department of Employment and Economic Development, Remington says it will eliminate 34 jobs in September and another 34 early in January.
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.
Officials with Thomson Reuters announced this week it’s cutting a number of jobs at its Eagan location, resulting in the permanent loss of 184 positions. The announcement was made Monday to the company’s full-time employees. The legal publishing company announced in October that they’d be cutting 5 percent of all its workforce.
The same week thousands of workers protested across the nation to raise the federal minimum wage, one Minnesota company decided to do something about it. John Puckett, co-owner of Punch Neapolitan Pizza, says all eight of their Twin Cities’ locations now have minimum wage set at $10 an hour. “My business partner and I decided to invest in our people because we are growing our company in the Twin Cities,” Puckett said. “We really believe to have the best quality product and service, it’s the right thing to do.” Minnesota’s minimum wage is $7.25. Puckett hopes the pay will keep good workers and attract valuable employees to their company.
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.
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.
The federal government shutdown is now affecting Minnesota jobs. The state will lay off 105 health department workers immediately, and thousands of other federal workers in the state will face the same fate. And Congress appears to be standing still. According to Congressman Erik Paulsen’s office, he skipped out on his own event Monday to head back to Washington to work on ending the shutdown. Some disappointed constituents, like Michael Waring of Edina, said they wanted to talk with him about ending the shutdown – even if it means joining with Democrats to do it.