Campbell’s reduces salaried staff by 13% and shuts down snack production facilities
Campbell’s Cuts Workforce and Closes Plants to Boost Profitability Campbell’s has recently announced the reduction of 13% of its salaried workforce, alongside the closure of two snack production facilities, all aimed at enhancing operational efficiency and achieving profitability. CEO Mick Beekhuizen remarked, “Make no mistake, our results remain unacceptable. But instead of waiting for the […]
Set for a record tax collection driven by salaried employees
Treasury’s Tax Plans and Projections The Treasury is aiming for record tax revenues from individuals, targeting around 15.5 billion euros, exceeding a set goal of 15.2 billion euros. Authorities attribute this success to increased incomes for wage workers and pensioners, noting that many are paying more taxes since the income brackets haven’t been adjusted for […]
GM slashing over 1K salaried jobs at software, service units
General Motors said Monday it was laying off more than 1,000 full-time employees across its software and services divisions around the world. GM confirmed the job cuts, first reported by CNBC, in a statement saying, “As we build GM’s future, we need to simplify for speed and excellence, make bold choices and prioritize investments that […]