Campbell’s slashes 13% of salaried workforce as part of $500M cost-cutting plan
The soup maker will also close two snack plants and cut its dividend as CEO Mick Beekhuizen said the company needs to take “decisive action.” ...
Wall Street Journal
Campbell’s Cuts 13% of Workforce in Effort to Turn Around Struggling Operations
Campbell’s said it has cut more than 550 jobs, or roughly 13% of its salaried workforce, as part of a cost-savings program that aims to turn around the company’s struggling operations. The cuts came ...
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Campbell's cuts 13% of salaried workforce, closes plants as part of turnaround effort
Campbell's said it has cut 13% of its salaried workforce and closed two snack plants in an effort to improve its operations and return to profitability. "Make no mistake, our results remain ...
Yahoo Finance
Campbell’s cuts 13% of salaried workforce, closes 2 snack plants amid restructuring
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Campbell’s laid off hundreds and plans to hike prices to combat lower sales
The Campbell’s Co. has cut 13% of its salaried workforce, roughly 515 employees, amid declining sales. The Camden-headquartered soup, snack, and sauce business has suffered from inflation among other ...