“M’m, M’m Layoff” Campbell’s Soup To Cut 770 Jobs

Logo of Campbell's Soup Company

Image via Wikipedia

 

 

 

 

 

The Campbell Soup Company is laying of 770 people worldwide, including 130 at their Camden, NJ headquarters.

The layoffs represent 4 percent of Campbell’s workforce and will save the company $60 million.  Soup sales are declining domestically and Campbell’s attempts to enter foreign markets has met with minimal success.