Monday, May 5, 2014

Target Chairman & CEO Gregg Steinhafel is OUT, Here's Why:

5 months after what could be the biggest credit and debit breach in United States history, 36 months after being federally charged and found guilty of violating federal labor laws that protect Target employees, 9 months after an internal memo leaked on "Multi-Cultural Training Tips" to manage Hispanic workers, 1 month after his company's second anti-union video surfaced, and just a few months after receiving another award for World's Most Ethical Retail Employer from Episphere, Target CEO Gregg Steinhafel has finally resigned.

Top 5 accomplishments under CEO Gregg Steinhafel:

  1. Target Corp. Found Guilty of Violating Federal Labor Laws and Rights of Employees (their entire "Employee Manual" was also found to be unlawful, ordered to be changed)
  2. Offensive Memo of "Multi-Cultural" Training Tips on Managing Hispanic Employees Leaked
  3. Released two "Cheesy" and Illegal Anti-Union Videos, Forcing Employees to Watch Them (See for yourself, video 1 and video 2: the new 2012 version)
  4. Gregg took a modest 83% raise in 2010, bringing his salary to $23.9 million
  5. Massive Data Breach: When the final numbers are tallied, the data breach could be the largest in United States history.  via AP: To date, the data breach compromised 40 million credit and debit card accounts between Nov. 27 and Dec. 15. Then on Jan. 10, the company said hackers also stole personal information — including names, phone numbers as well as email and mailing addresses — from as many as 70 million customers.
Though his tenure inspired courageous workers throughout the country to stand up and demand change from the country's third largest employer, the resignation is long overdue.    We urge the future Target chairman and CEO to not only focus on consumer responsibility, but employee responsibility. Target workers are the force behind the bullseye, and they deserve respect, as well as voice at work.  The time for change is now, Target has a wonderful opportunity to show they're committed to respecting workers, now is the time to take the step in that direction.

Throwback handbill during the union campaign in 2011 at Valley Stream Target
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1 comment:

Anonymous said...

Boycott low wages next wednesday at target job fair in happauge ny. They are using the NY State Unemployment Center to hire low income workers. May 14th 1pm

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