May 07, 2015

Nearly 500 Campbell Soup employees taking buyout

The Camden-based company expects to take a $110 million hit in its fiscal fourth quarter

By John Kopp
PhillyVoice Staff

Campbell's

James H. Collins/AP

This Aug. 31, 2011 photo shows two cans of Campbell's soup in New York.

Read More

As part of a companywide restructuring, 471 Campbell Soup Co. employees are taking early buyouts, according to the Philadelphia Business Journal. Most of the employees will remain in place through July 31.

The Camden-based company is expected to take a $110 million hit in its fiscal fourth quarter as part of the restructuring, which will reorganize the company under three divisions separated by product categories.

Read the rest of the Philadelphia Business Journal story here.

John Kopp

John Kopp
PhillyVoice Staff

john@phillyvoice.com

Read more Business Jobs Camden New Jersey Campbell's Employment

Featured

Limited _ NJDOT Family In Car

Reducing roadway fatalities comes down to sharing the responsibility

Limited - Mid Penn Bank - Admin Center

Mid Penn Bank’s next move: expanding its footprint while deepening community ties

Just In

Must Read

Italian restaurant from Couch Cafe chef coming to Queen Village

Scampi restaurant

Explore virtual LOVE Park, including Portal, in new video game

LOVE Park Portal

Pay first, deliver later: Some women are being asked to prepay for their baby

Pregnancy Prepay Bills

Elfreth's Alley homes to offer holiday tours on Saturday, Dec. 7

Elfreth's Alley tour

The Eagles' six-game win streak to the top of the NFC East by the numbers

Saquon-Barkley-TD-Celebration-Eagles-Commanders-Week-11-NFL-2024.jpg