Target Layoffs 2015 - Thousands Of Minnesota Jobs Lost

This day, this announcement was coming... I don’t think anyone expected the number to be so large.

Last week Target CEO Brian Cornell had a conference call announced that over the next two years thousands of jobs will be cut as part of a $2 billion a year cost saving program. Most of those cuts will be in the corporate offices of Minneapolis and Brooklyn Park.

Below is the Target press release.

There has been a lot of speculation of who, when, where, what this means for Target and the city of Minneapolis.

It looks like starting this morning and through the rest of the week we are going to find out. I am told some Directors were notified today with Managers and Staff finding out tomorrow and through the week.

As I type this Governor Dayton is giving a press conference following his meet with Brian Cornell.

I was interviewed by Angela Davis of WCCO TV for a story this evening.

Here are some articles from the past week that I think answer most questions that people have at this point. I will try and take on some others tomorrow as we get a better idea of what is going on:

Continue reading "Target Layoffs 2015 - Thousands Of Minnesota Jobs Lost" »


Event: Midwest Capital Call 2015

Midwest Capital Call 2015

The next Midwest Capital Call hosted by TECHdotMN is March 5th, 2015.

This is a great event for entrepreneurs who are thinking about or in the process of looking for funding.

One part panel conversation and one part individual Q&A.

Investors attending include:

  • Seth Levine, Foundry Group
  • Joy Lindsay, Star Tec Ventures
  • James Burgum, Arthur Ventures
  • Daren Cotter, Angel Investor

Continue reading "Event: Midwest Capital Call 2015" »


Target Layoffs 2015 - 550 Minnesota Jobs Lost

UPDATED:

(Mar ’15)

(Jan ‘15)

(Jan ‘14)

 

The speculation can end now in Minneapolis regarding the impact on Minnesota jobs following the January announcement that Target was closing it’s Canadian stores.

This released from Target this morning:

In January, Target announced the company had made the difficult decision to end our Canadian operations. At that time, we shared there would be a headcount reduction at our U.S. and India headquarters as well. Today we informed impacted team members that approximately 550 positions in Minnesota and 170 in India will be eliminated over time.

That includes approximately 350 Minnesota-based positions that are being eliminated today. The majority of the remaining team members are needed through the closure of the Target Canada stores and their positions will be eliminated following the liquidation period.

All affected team members will remain on the payroll for at least 60 days. In addition, comprehensive severance packages are being given to team members based on their years of service. Additionally, each team member will be provided with career outplacement support. Target will also pay the employer portion of their benefits coverage for the next six months.

This is a difficult day for the Target team but we continue to believe that the steps we are taking are the right ones for the company.

Continue reading "Target Layoffs 2015 - 550 Minnesota Jobs Lost" »


Minnesota Morning… Amazon And Facebook Recruiting In Minneapolis and SportsData Partners With NASCAR

The previous two winters in Minneapolis have not been kind to recruiting pros. Between snow days, wind chill days and school closures interviews were occasionally postponed causing havoc in interview cycles.

A couple of weeks ago I joked with a recruiter in Boston that karma was getting him… he poked fun at me last year about our weather. And now he is dealing with it.

And then karma swung back at me today with the perfectly timed (sarcasm) freezing rain/pellets/hail whatever the heck that was that postponed some interviews today.

I will sit quietly mumbling to myself now…


Amazon Recruiting In Minneapolis

 

This is the third time in the past 15 months that I am aware of with Amazon holding a “job fair” like event. There was this article a couple of months ago:

Amazon’s cloud-computing arm shops for Twin Cities talent

Continue reading "Minnesota Morning… Amazon And Facebook Recruiting In Minneapolis and SportsData Partners With NASCAR" »


Event: Minnesota HR Tech And Recruiter Expo 2015

LEHRN Logo

The 2015 LEHRN HR Tech Expo, one of the largest events like this in the country, is set for April 9th at the Marriott City Center in Downtown Minneapolis.

Always a good event to attend and this year it has added a new feature… a Talent Acquisition Track. Or Recruiter Track for those of us easy going types.

MNTRN Logo

LEHRN has partnered with MNTRN who is sponsoring the three presentations.

Continue reading "Event: Minnesota HR Tech And Recruiter Expo 2015" »


Largest Downtown Minneapolis Employers 2015

Minneapolis Downtown Council

Interesting stat from the Minneapolis Downtown Council 2015 annual meeting… the 15 largest employers in Downtown Minneapolis employ 50,583 people. That’s down 1.1% from a year ago.

It needs to be noted that Target is down 20% from last year:

- A large number are now working at the Brooklyn Park campus

- Layoffs and likely this number will drop again this year in part to the Target Canada layoffs

The list with +/- 2014:

  1. Target Corp. 10,000 employees | -20.5%
  2. Wells Fargo & Co., 7,000 | no change

Continue reading "Largest Downtown Minneapolis Employers 2015" »


minnedemo 19 Will Have 7 Demos Including ToggleGreen

While prepping to write this I went to the minne* web site and on the wiki at the time was this:

Paul DeBettignies, Minnesota Headhunter, Minnesota Recruiter

I learned a few minnebar’s ago to bring a power strip. Not only do I always have my devices charged… I for a short time become a few folks best friend.

minnedemo 19 is next week (Feb 5th) with 7 groups presenting including my friends at ToggleGreen (@ToggleGreen). See this post from last month:

ToggleGreen Adds Paul DeBettignies To Its Advisory Board

I posted this photo a couple of weeks ago and said it was a late Sunday night at ToggleGreen working on a product demo:

ToggleGreen, Minnesota StartUp

I guess that was sort of true… the product demo we were working on was the video submittal for minnedemo. Clearly we did OK.

Besides ToggleGreen here is who is presenting:

Continue reading "minnedemo 19 Will Have 7 Demos Including ToggleGreen" »


Mobile Realty Apps Changes Name To HomeSpotter, Announces Funding

“Hey, do you have a minute?”

6 simple words Aaron Kardell, CEO of then Mobile Realty Apps now HomeSpotter (see the press release below), said to me at the first MobCon late fall 2012… and things have not been the same since.

I knew Aaron from seeing him at CoCo Downtown Minneapolis and I knew of him through tech events in town. I knew he was a good tech guy and this being his third startup (two successful exits) a good CEO.

He said he was going to be growing his team and he wanted to know if I had interest in helping him.

As I remember it I did not let him finish asking the question before I said yes.

Aaron and Mobile Realty Apps have come a longgggg way since then.

They started at CoCo St Paul… I don’t have any photos of them there.

Then CoCo Downtown Minneapolis (12/12):

Mobile Realty Apps now HomeSpotter, Aaron Kardell

Continue reading "Mobile Realty Apps Changes Name To HomeSpotter, Announces Funding" »


Target Rescinds Offers

UPDATED:

(Mar ’15)

(Feb ‘15)

(Jan ‘14)

 

Last week FOX 9 broke a story that late in December (2014) 40 people who had accepted job offers to work at Target Corporation starting in January (2015) were notified that their offer was being rescinded.

Their story and an interview with a local attorney is below.

I missed the story that night and was not aware of the situation until a couple of friends who had accepted offers at other companies were asking about the enforcement of their offer.

I finally asked why they were asking and learned of the story.

I’m not an attorney (so this is not legal opinion)… generally offer letters are a formality. They usually contain specifics like a start date, salary, vacation and benefit information, at will employment and other things.

In the FOX 9 story the attorney says that employers rescinding offers is a common thing.

That is not my experience.

I have had two offers rescinded in 16 years because of business reasons. If I remember correctly I have had four or five offers rescinded because of issues with a flagged background check or failed drug test.

I have had an equal number of candidates who have accepted an offer and then not shown up for the first day of work. Sometimes without notice.

So this does go both ways.

Continue reading "Target Rescinds Offers" »


The Nerdery Launches A Software Engineering School

The Nerdery

Good news from The Nerdery today as they announce the launch of Prime Digital Academy (Prime).

This is the Twin Cities third code school or bootcamp like venture. Concordia University announced their bootcamp in September, Coding Bootcamp To Launch In Minnesota. There is also the FUSION program with MnSCU and Advance IT Minnesota.

There have been a number of other conversations locally and across the Upper Midwest about the creation of these schools.

I’m not shy about it… I am a big fan.

Companies continue to complain about the “War for Talent” and a “skill set shortage”. Many of whom did away with their internship and recent grad programs during the “Great Recession”. Now when they are looking for that ever elusive 3-5 year developer they can’t find them. Maybe that “cost cutting” they did back then is having a greater cost now.

Continue reading "The Nerdery Launches A Software Engineering School" »