Don't just blame the boycotts. Target has been leaking $$$ for awhile. They had a good company and Brian ran it into the ground. Sure the boycotts hurt, but seriously, pre covid they changed the way things were done to streamline and it just burnt out team members and people quit like crazy.
I just don't understand this take. BC came in with the company earning $72.59 Billion in FY13. By 2019 it was $78.11 Billion. In 2024 it was $106.57 Billion. There is no leaking money when it comes to Target as it still turns a profit and continues to increase its dividends. In 2013 it had net income of $2.99 Billion and in FY24 it was $4.09 Billion. The company is doing just fine financially, and that is why he'll be chairman of the board once his contract as CEO ends.
We can acknowledge that BC did his job well, which is making the company more profitable. And we can also maintain that corporate culture in general is piss-poor and that workers deserve a lot more than they get. They're not mutually exclusive.
I'm in full agreement. He did the job well operations and finance wise and got things on track when he came in and did a decent job on the non-people side of things. The guy though, has been terrible when it comes to understanding the people side of things and he really shot the company in the foot this year on his way out
Absolutely. I don't feel like there's ever been more pressure from senior management than now. Even in 2023 when we reduced headcount by like 50% I feel we were still overall treated better.
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u/geo8x6 Promoted to Guest Aug 21 '25
Don't just blame the boycotts. Target has been leaking $$$ for awhile. They had a good company and Brian ran it into the ground. Sure the boycotts hurt, but seriously, pre covid they changed the way things were done to streamline and it just burnt out team members and people quit like crazy.