- Associated Press - Wednesday, March 4, 2015

ST. PAUL, Minn. (AP) - Gov. Mark Dayton said Wednesday he is seeking a meeting soon with Target Corp.’s chief executive about the significant layoff affecting employees at the company’s Minnesota headquarters.

Dayton told reporters that he did not get advance warning of the restructuring that Target executives shared with investors on Tuesday. He said he and Lt. Gov. Tina Smith want to hear directly from CEO Brian Cornell about the discount retailer’s commitment to the state and how it will conduct the downsizing at Minnesota’s largest for-profit employer.

Target announced that it would cut several thousand jobs over the next two years, primarily at its headquarters that now employs more than 13,500 people.

“I think this could have and should have been handled differently, but that’s just my view,” Dayton said as he noted the deep roots and huge presence of the company in the state. He called the layoffs “tragic,” ”disruptive” and a result of “mistakes and failures of previous Target management.”

Cornell took the role as Target’s executive in August following a high-level shakeup. In a statement Wednesday, Target said the company “looks forward to working with the Governor and other Minnesota elected officials and will continue to share details on this issue as we are able.”

Dayton’s family, which built a fortune and a legacy in the department store business, had a big hand in founding Target. But its direct ties have since lapsed.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide