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Delhi News Daily > Blog > World News > ‘We are cooked’: Target staff panics over job stability, possible store closure amid declining sales – Times of India – Delhi News Daily
World News

‘We are cooked’: Target staff panics over job stability, possible store closure amid declining sales – Times of India – Delhi News Daily

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Last updated: May 25, 2025 4:01 am
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'We are cooked': Target staff panics over job stability, possible store closure amid declining sales
Representative Photo (AP Image)

Target is experiencing difficulties, causing anxiety among its workforce as staff members express concerns about job stability, heavier workloads, and possible store shutdowns on internal communication platforms.“We are cooked,” one employee said on Reddit. “Less and less hours with little to no change in what the expectations are from us all.”Another staff member wrote: “All we can do is ride it out and hope for the best. If it comes down to it, prepare a resume just in case.”Workers have shared TikTok content displaying stockrooms filled with unsorted merchandise, suggesting staff shortages are causing backlogs, DailyMail reported.“I hope these go viral so the corporate people might rethink how they unstaffed their stores and expect spotless departments,” a staff member remarked on footage showing accumulated backroom inventory.The organisation recently disclosed quarterly results that fell short of market predictions.“Target has found itself in a challenging position,” retail analyst Neil Saunders from GlobalData informed DailyMail.com.‘The business is not terrible, but it is under pressure and that is causing nervousness among associates.”Customer footfall and spending have decreased in recent months. The retailer recorded $23.85 billion in quarterly sales, representing a 2.8 percent reduction from the previous quarter. Market forecasts anticipated $24.23 billion.The company’s share value has declined by over 31 percent this year, as per DailyMail.“I want to be clear, we’re not satisfied with these results, so we’re moving with urgency to navigate through this period of volatility,” stated Target CEO Brian Cornell and added, “We’ve got to drive traffic back into our stores or visits to our site.”The organisation has revised its 2025 financial projections downward, suggesting a prolonged recovery period.Whilst Target remains profitable, having earned $5 billion last year, its performance contrasts with Walmart’s strong results.“Underlying profit at Target is squeezed and that makes it more likely the company will be cautious in hiring and tight in the labour hours it allocates,” Saunders noted.“That makes staff worry for their own jobs. All of this is exacerbated because communication from management has, generally, been poor.”“They have cancelled some remodels,” claimed one Target employee on Reddit. Another stated: “Sales are so low I would be shocked if it doesn’t close sooner rather than later.”The company has adjusted its diversity initiatives whilst managing boycotts related to Pride Month merchandise.Product prices have quietly increased, particularly challenging during current economic conditions. Consumer confidence has declined for five consecutive months amid inflation concerns.Americans have faced significant grocery price increases following 2022’s peak inflation rate exceeding 9 percent.Despite price pressures, employment levels remain stable with modest wage growth continuing.





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