MINNEAPOLIS — With a history tracing back more than a century, Target Corporation has long been intertwined with Minnesota’s identity.
For that reason, the company’s announcement on Tuesday about corporate layoffs — impacting more than 800 local employees in the Twin Cities — delivered both a tangible and psychological hit to the state’s economy.
“It’s right in our backyard,” said University of St. Thomas economics professor, Tyler Schipper. “It’s one of the very visible corporate headquarters.”…