>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!.

http://www.myfoxphilly.com/video/videoplayer.swf?dppversion=10588

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.”

2 Comments

Filed under Camden NJ, Campbell's Soup, Education, Fox News, Gov. Chris Christie, infrastructure, layoffs, myfoxphilly, property tax relief, tax subsidies

2 responses to “>After Receiving $41.1M Tax Subsidy For Economic Development And Job Creation Campbell’s Soup Co. Announces Layoffs

  1. >Even David Stockton isn't pushing that trickle down bull anymore. Corporate america only detests government handouts for the poor and middle class. 10 years of tax breaks for the rich and this is what we have to show for it.

  2. >And higher taxes will attract businesses to come to New Jersey and create jobs?

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