Wednesday, January 28, 2009

Target Update :(

An update to my Target post from last week, I'm sure most of you have already heard that Target said yesterday that they will cut 600 jobs at its headquarters, not replace 400 positions they have open and close a distribution center that employs 500 workers. I knew it would be hard for them to escape the economy - the recession is slowly taking down companies to the left and right.

A multitude of financial issues have combined all at the same time creating this tsunami of a recession. I'm hoping (as is everyone) that Obama's stimulus package will help the people hardest hit and slow down this economic storm. The only thing we can do now is try to stay positive, hold on to something stable and wait this out. 

1 comment:

  1. That suxs for Target this economy is horrible. When will we see the light?