https://www.live-feeds.com/feed/campbell-s-cuts-13-of-workforce-in-effort-to-turn-around-struggling-operationsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/campbell-s-cuts-13-of-workforce-in-effort-to-turn-around-struggling-operationshttps://www.live-feeds.com/feed/campbell-s-cuts-13-of-workforce-in-effort-to-turn-around-struggling-operations#u57644Sat, 05 Sep 2026 02:48:14 +0000Campbell's is cutting 13% of its workforce and slashing its dividend to stabilize operations following declines in sales and profit. The company launched a $500 million savings plan that includes job cuts, plant closures, and price hikes. Management described current results as "remain unacceptable" and forecasts a weak year ahead due to pressured consumer spending. These measures follow another weak quarter, leading to a plunge in the company's stock price.Why it mattersThe company is attempting to reverse a trend of declining financial performance. This turnaround effort