Yes it is true, there is a list! Managers are being coached weekly to complete the process. Many of the "managed out" employees have been "TARGETED" due to age and years of service; however it is being balanced out with a few token younger team members to avoid age discrimination. Target is very clever to avoid law suits...maybe this effort of perfection should have been used to keep Target more competitive instead. The percentage of 60+ year old employees with 30+ years of employment are are being managed out is very high. This is a silent layoff with a majority being a targeted group of people. Since this is not an official layoff, statistical data does not need to be provided or made public, Target has provided a few team members with small token packages to keep them from discussions and unifying any public declarations.
Generational diversity will soon be extinct at Target.
Performance issues do exists and need to be addressed; however "managing out" is not the ethical solution for the majority of these people; many were setup by being placed and promoted into positions without the skills and aptitude to succeed. An early retirement package offering would have been the more respectful option.
This is very disturbing for all.