Campbell’s cuts 13% workforce in cost-savings turnaround effort
Campbell’s said it has cut more than 1,750 jobs, or roughly 13% of its workforce, as part of a cost-savings program aimed at turning around struggling operations.
Campbell's said it has cut more than 1,750 jobs, or roughly 13% of its workforce, as part of a cost-savings program aimed at turning around the company's struggling operations. The reductions came as the soup-and-snack maker swung to a loss in the latest quarter, with higher costs weighing on results.