Target is getting ready to do the same (1,000 employees)...and I thought they were running their business pretty well.
http://www.bizjournals.com/pacific/stories/2009/01/26/daily30.html
Target Corp., which is opening three stores in Hawaii this year, on Tuesday announced it's cutting 1,000 jobs at its Minneapolis headquarters and closing a distribution center.
The retailer said it will lay off 600 workers and eliminate 400 open positions.
Target also will close its Little Rock, Ark., distribution center later this year. The facility employs about 500 workers.