Campbell's to cut 130 jobs in Camden, 770 total

FILE PHOTO (AP Photo/Mel Evans)

June 28, 2011 8:30:13 PM PDT
The Campbell Soup Co. says it's eliminating 770 jobs around the world and shutting down its soup-selling operation in Russia.

The major announcements come just a month before Denise Morrison took over from Douglas Conant as president and CEO of the world's largest soup maker.

The job cuts will include layoffs, most of which will come in July.

About 130 of the 1,200 positions at its headquarters in Camden will be eliminated.

The company also plans to close its manufacturing plant in Marshall, Mich., among other changes

Campbell has about 18,400 workers around the world.

The company launched initiatives in 2007 to sell soup in Russia and China. The company says the China venture will continue.