Consumer
Target Cuts Bonuses for Salaried Employees to 75% This Year
A Target store in Emeryville, California.
Photographer: David Paul Morris/BloombergTarget Corp. is trimming bonuses for salaried employees for a second consecutive year as weaker sales and profit weigh on its operations.
Staffers are set to receive 75% of their eligible 2025 bonuses, said people familiar with the matter, who declined to be named discussing internal matters. That’s lower than the 87% of target that workers received one year ago.