Target’s Stock and Employee Morale Plummeting
A new report indicates that the only thing going down faster than Target’s stock is the morale of the company’s employees.
On Thursday, after a 14 percent year-to-date drop in Target’s stock price and an estimated $13 billion loss in market capitalization since mid-March, JPMorgan downgraded the retail giant’s stock, according to The Messenger.
Morgan’s analysts said the wave of outrage against the company could linger into the back-to-school shopping and holiday seasons, further damaging Target.
Inside the company, a Target insider told Fox News, “Our teams feel left behind.”
Breaking: Target spokeswomen confirms all Pride designs by the Satanic designer Abprallen will be removed.
The designers pieces included pentagrams and satanic imagery emblazoned with messages promoting transgenderism and devil worship.
Target is also urgently reviewing the… pic.twitter.com/OCPuIjmwvY
— Antonio Sabato Jr (@AntonioSabatoJr) May 24, 2023
“The vast majority of our team feels like decisions are being made that impact them. It doesn’t matter which side you’re on — you now feel like people are making decisions without our best interest,” said the “well-placed” insider, who has been with Target for nearly 20 years, according to Fox.
“Because people have made decisions for us that put us in a very difficult position, there are a lot of folks that feel like, ‘Do we belong at Target?’ They question that for the first time in a long time,” the insider said.
Target Faces Backlash Over “Pride” Merchandise
Target’s decision to heavily promote LGBT merchandise for “Pride” month has sparked controversy. The retailer faced backlash from conservatives, who accused Target of disrespecting the values of its customers and employees. Some of the merchandise, such as swimsuits designed to accommodate male genitalia, was seen as inappropriate by many. Target responded by moving “Pride” displays to less-visible locations or removing some items altogether.
Simple solution–don’t insult the majority of your customers–and don’t shove the Marxist Dems “Woke” policies in their faces. Target isn’t the “victim” here–they’re the aggressor– disrespecting the values of the majority of their consumers and their employees as well. Target…
— Lou Dobbs (@LouDobbs) June 2, 2023
However, an insider at Target revealed that the controversy has left employees feeling uneasy. They are now caught between angry groups on both ends of the political spectrum, who take out their frustrations on employees who had nothing to do with the merchandising decisions. The insider said that this is the first time in the company’s history that people are questioning Target’s commitment to the LGBT community.
BOOM!!!! GO WOKE, GO BROKE: Target Loses $9 BILLION In Week Following Boycott.
— ЯΞD ᕈILL LΞD (@Red_Pill_Led) May 25, 2023
Meanwhile, Walmart has not faced the same backlash for its “Pride” merchandise. The company’s Chief Merchandising Officer, Latriece Watkins, said that Walmart has not changed anything in its assortment and continues to conduct business as usual. Walmart CEO Doug McMillon recently told shareholders that the corporation does not want to make social and political statements, but rather wants everyone to feel comfortable shopping and working at Walmart.
Target Insider Reveals ‘Pride’ Debacle Has Triggered Big Employee Problems
“This is the first time in our company’s history that we have seen such a huge backlash from our team members,” said a Target insider.
According to a recent report, Target’s decision to promote “Pride” month has caused a major uproar among its employees. The company’s attempt to show support for the LGBTQ+ community has backfired, with many employees feeling uncomfortable and even discriminated against.
The Target insider revealed that the company’s decision to promote “Pride” has caused a lot of tension among employees. Many feel that the company is forcing them to participate in something that goes against their personal beliefs.
- Some employees have even reported feeling harassed and bullied for not participating in “Pride” events.
- Others have expressed concern that the company is prioritizing the needs of one group over others.
Overall, the “Pride” debacle has caused a lot of employee problems for Target, with many feeling disillusioned and unsupported by their employer.
The Importance of Inclusivity
While it’s important for companies to show support for marginalized communities, it’s equally important to ensure that all employees feel included and valued. Target’s misstep serves as a reminder that inclusivity should be a top priority for all businesses.
As the Target insider stated, “We need to find a way to support all of our team members, not just one group.”
Hopefully, Target will learn from this experience and take steps to create a more inclusive and supportive workplace for all of its employees.
The post was originally published on The Western Journal.
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