Showing posts with label Campbell's Soup. Show all posts
Showing posts with label Campbell's Soup. Show all posts

Wednesday, June 29, 2011

After Receiving $41.1M Tax Subsidy For Economic Development And Job Creation Campbell's Soup Co. Announces Layoffs

Nothing like wasting tax payer money on corporate welfare when the money could have been used for other more important things like education, health care, property tax relief, infrastructure....

Once again Governor you definitely have your priorities straight!.

Campbell's Soup Co. Announces Layoffs: MyFoxPHILLY.com


CAMDEN, N.J. - Campbell's Soup Co. plans to lay off about 770 people worldwide, Including about 130 people at its Camden headquarters, in an effort to reduce overhead and improve efficiency.

The reductions will be phased in over the next two years and will result in a savings of about $75 million dollars.

The cuts include about 10 percent of the company's workforce in Camden, its longtime headquarters.

Fox 29's Steve Keeley has more in this Wednesday morning live report from "Good Day."