Not only is retail giant Target not committing to the big seasonal hiring it always does, the company is actually laying off nearly 2000 of its corporate staff in its biggest management and job shakeup in years. Target is merely the latest “one-off” big name to announce job cuts. No wonder consumer confidence just took another huge hit and that was from the one survey that has held up the best this year.  

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Bloomberg A Wave of US Layoffs Flash Early Warning Sign for Job Market
https://www.bloomberg.com/news/articles/2025-11-03/the-low-hire-low-fire-us-economy-seems-to-be-over

Bloomberg Target to Eliminate 1,800 Roles, 8% of Headquarters Team
https://www.bloomberg.com/news/articles/2025-10-23/target-to-lay-off-8-of-headquarters-team-cut-1-800-roles

NYT UPS Has Cut 48,000 Workers Since Last Year
https://www.nytimes.com/2025/10/28/business/ups-layoffs-48000-workers-this-year.html

Bloomberg A Slump in Cardboard Box Sales Is Stoking Fears of Lackluster Holiday Shopping
https://www.bloomberg.com/news/articles/2025-11-03/cardboard-box-sales-slump-signals-weak-holiday-shopping-ahead

RCM/TIPP Optimism Index Drops Sharply https://www.realclearmarkets.com/articles/2025/11/04/rcmtipp_optimism_index_drops_sharply_1145051.html

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