In a bold move to regain competitiveness, Target announces it will lay off 1,800 corporate employees, marking the first major job cuts in a decade. Incoming CEO Michael Fiddelke outlines the company’s urgent restructuring plan to address declining sales and streamline operations.
In a significant ruling, the Supreme Court has permitted the Trump administration to move forward with plans to lay off tens of thousands of federal employees without Congressional approval. This decision raises crucial questions about executive power and the role of Congress in managing federal agencies.
In a surprising move, Microsoft has confirmed it will lay off thousands of employees, potentially affecting over 6,800 workers. This marks the largest wave of layoffs since 2023, as the tech giant navigates a challenging market.
