article_snippet: Target announced Target will be making $2billion in cuts and slashing 'several thousand' jobs over the next two years.
article_snippet: The US retail chain, which is based in Minneapolis, Minnesota, said the cost-cutting measures 'will fuel Target's growth and drive profitability'.
article_snippet: Target, which is based in Minneapolis, MinnesotaMinnesota, announced Target, which is based in Minneapolis, Minnesota will cut $2billion over the next two years .
article_snippet: The discount chain's cost-cutting measures will result in 'several thousand' jobs being eliminated .
article_snippet: Redefining Target has 1,795 stores across the United States.
article_snippet: Redefining Target employs about 350,000 people globally, according to the Star Tribune.
article_snippet: About 13,500 employees work at the Star Tribune headquarters operations in the Twin Cities.
article_snippet: In January Redefining Target announced its Canadian subsidiary, which had filed for bankruptcy protection, would close all of its 133 stores, resulting in the loss of 17,600 jobs.
highlights_snippet: Minneapolis-based retail chain restructuring to save $2billion in two years .
  