Major job cuts announced by TargetThe Target Corp. plans to eliminate "several thousand positions," primarily at its Minneapolis headquarters, as part of a massive overhaul in the way the company does business.

"It's very unfortunate for these people losing their jobs, But there were too many layers of management and this caused the company to be stale and not efficient according to experts

Target has many stores in and around the South Coast, No word if any of those stores would be effected

On Tuesday, the company said it will make a major push to expand its online and mobile sales operations. And its future store opening plans "will increasingly focus on new, more flexible formats like TargetExpress and CityTarget, which cater to guests in rapidly-growing, dense urban areas."

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