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Target Says 1,700 to be Laid Off
MINNEAPOLIS (AP) - Target Corp. says it is laying off 1,700 workers and permanently closing out another 1,400 open positions.
The announcement puts a number on last week's announcement that the company would eliminate several thousand jobs as part of a restructuring aimed at saving $2 billion in costs over the next two years.
Target spokeswoman Molly Snyder says the cuts will come primarily at headquarters locations in the Minneapolis area.
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