Target has announced 260 job cuts in its store support centre and in regional support locations.

This comes after Target had told RetailBiz last week aspects of the company were being reviewed.

Target managing director Stuart Machin said the restructuring decision was difficult, but necessary in order help restore business performance.

“This is an extremely difficult time for our team, and unfortunately we’ll be losing many great team members,” he said

“With our sales and profit under-performance over the past 12 months, we have needed to act in order to get our costs under control and the right store support structure in place.”

Team members leaving the business will receive their full entitlements, and will also be given support and information services, including career transition support.

Target also said it will explore redeployment opportunities wherever available.