MyPillow Laying Off 150 Workers At Shakopee Plant; CEO Announces New Online VentureTwin Cities-based MyPillow is laying off roughly 10% of its workforce at its manufacturing plant in Shakopee.
Wells Fargo To Cut Thousands Of Jobs Over Next 3 YearsWells Fargo plans to cut up to 10 percent of its workforce over the next three years, the bank announced on Thursday, which will result in thousands of job losses for employees of the nation's third-largest bank.
Macy's To Cut Nearly 5K Jobs After Tough Holiday SeasonMacy's has announced they're cutting up to 4,800 jobs after a miserable holiday season. About 2,100 of the cuts will be from reducing store staffs, back office operations and consolidating regional store groups.
White House Chief Of Staff Visits Iron Range, Talks Steel CrisisOn Tuesday, White House Chief of Staff Denis McDonough visited the Iron Range to talk about the steel crisis. Nearly 1,500 people have been laid off at Minnesota taconite plants.
Restructuring Plan At 3M Includes 1,500 Job Cuts Amid Strong 3rd Quarter Earnings3M has announced a restructuring plan that will cut 1,500 jobs worldwide. The restructuring was announced Thursday along with the company's third-quarter earnings. A third of the job cuts are expected to come in the U.S.
Target Cuts 140 Corporate Jobs, Closes 50 Open PositionsTarget Corp. officials said Wednesday that the Minneapolis-based retailer has eliminated about 140 jobs from its downtown headquarters.
Grim Tuesday At Target Corp. As 1,700 Lose Their JobsA 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 To Cut 2,500 Jobs In Reorganization 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.
Boston Scientific Plans To Lay Off 1,500 WorkersAnother 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 Cuts Hundreds Of Metro Jobs Wells Fargo announced hundreds of job cuts in the Twin Cities area Wednesday.
Supervalu Eliminating About 1,100 Positions 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 Up To 1,000 Job CutsBoston 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.
General Mills, Medtronic Announce Job CutsHundreds 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.
Historical Society Announces Jobs Cuts; Fee IncreasesThe Minnesota Historical Society announced plans to accommodate a $1.6 million cut in state government funding for annual operations of its programs.
Hutchinson Tech Cutting Up To 40 Percent Of WorkforceHutchinson Technology broke the news to its workers Tuesday morning that a number of them will not have jobs.