American food manufacturer Campbell plans to cut costs by $500 million by fiscal year 2030, while laying off about 13% of office workers, the Wall Street Journal reports. The company will also reduce the quarterly dividends by 36%, to 25 cents per share. The decision was made against the background of a change in consumer habits: this year is expected to be the fourth annual decline in a row in comparable sales, and the company's shares have fallen by 29% in the past year.