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Campbell’s cuts 13% of salaried workforce, cutting 550+ jobs

Campbell’s said it cut more than 550 jobs, roughly 13% of its salaried workforce, as part of a cost-savings program to turn around struggling operations. The moves followed a quarterly swing to a loss.

CPB

By Connor HartCampbell'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 as the soup-and-snack maker swung to a loss in the latest quarter, as higher costs pres…