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Campbell’s targets $500 million cost savings by fiscal 2030

Campbell’s says it is targeting $500 million in cost savings by fiscal 2030 and is turning around a business pressured by surging costs and soft demand. Plant closures and layoffs are underway.

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Campbell's says it is targeting $500 million in cost savings by its fiscal 2030, aiming to turn around its business which has struggled amid surging costs and soft demand.

The snack-and-soup maker says several cost-cutting measures are already underway, including plant closures and recently complet…