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This is an interesting article from Modern Retail analyzing the retail industry’s role in October’s sky-high job cut numbers. The short story is that retailers were the 3rd largest job reducer, behind only warehousing and non-profit sectors. I have some thoughts.

The closing quote in the article is from Target’s chief operating officer Michael Fiddelke. He says about the company’s recent decision to lay off 1,000 corporate employees and not fill 800 currently-open roles:

“The complexity we’ve created over time has been holding us back. Too many layers and overlapping work have slowed decisions, making it harder to bring ideas to life.”

Ther…

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