Target grapples with security breach fallout

Published January 23, 2014 12:05pm ET



MINNEAPOLIS (AP) — The Target Corp. hasn’t said publicly where the loss of nearly 500 jobs will fall.

The giant retailer, based in Minneapolis, says it’s terminating 475 employees worldwide. And over the last six months, Target says it has eliminated 700 open positions. Target has about 10,000 corporate employees in downtown Minneapolis.

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