Andersen to pay $52.2M in profit sharing
3d
Breaking
TC
2
Bayport-based Andersen Corp. will pay $52.2 million in profit-sharing payouts for 2025. The 2025 checks are smaller than in 2024, when Andersen paid an average of $3,923 per worker.
Employment
Business & Economy
Target to eliminate 1,800 corporate jobs (8%)
Oct 28
Breaking
TC
4
Target will eliminate about 1,800 corporate jobs — roughly 8% of its corporate workforce — by laying off about 1,000 employees and closing about 800 open roles, with impacted staff to be notified Tuesday, Oct. 28, 2025, and told to work from home next week. The cuts, concentrated at Target’s Minneapolis headquarters and not affecting in‑store associates, are described as a restructuring to simplify decision‑making and move faster rather than primarily to cut costs; those laid off will receive pay and benefits through Jan. 3 plus severance and support services.
Employment
Business & Economy
Bluestem to close Eden Prairie HQ; 103 layoffs
Sep 18
Breaking
TC
1
Eden Prairie–based Bluestem Brands is closing its headquarters and laying off 103 employees, including its CEO, the Minneapolis/St. Paul Business Journal reports on Sept. 18, 2025. The move follows prior layoffs and two bankruptcy filings; the company’s online shops reportedly have only a few items remaining.
Business & Economy
Employment