Campbell's Cuts Jobs, Closes Plants to Save Money

Campbell's CEO, Mick Beekhuizen, shared some tough news. He says the company's past results are simply not acceptable. Big changes are coming for the food giant.

Campbell's plans to let go of 13% of its office workers. This means many people will lose their jobs. The company also announced it will close some of its plants. These actions aim to save a lot of money, about $500 million.

These big moves are part of a plan to fix the company. Campbell's wants to grow stronger and become more successful. Investors watch closely to see if these changes help the company turn things around.

Source: Fox Business