Compass Minerals International layoffs, on the record
Every job cut, severance charge and restructuring Compass Minerals International reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 1,981 employees to 1,849.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 1,981 employees | September 30, 2023 |
| 10-K for 2024 | 1,894 | September 30, 2024 |
| 10-K for 2025 | 1,849 | September 30, 2025 |
Job cuts, severance and restructuring
Our summaryThe company took steps to align its cost structure to its current business needs.
Word for word“In April 2023, the Company took steps to align its cost structure to its current business needs.” 10-K for 2023
Our summaryThose cost-alignment initiatives resulted in restructuring charges that affected operating results.
Word for word“These initiatives resulted in restructuring charges of $ 5.5 million, which impacted operating results for the fiscal year ended September 30, 2023.” 10-K for 2023
Our summaryThe company incurred severance and related charges tied to a reduction of its workforce, shown as restructuring charges of 5.9 in its EBITDA reconciliation.
Word for word“(b) We incurred severance and related charges related to a reduction of its workforce.” 10-K for 2023
Our summaryThe company incurred severance and other costs related to an executive transition, shown as 4.3 in fiscal 2022 in its EBITDA reconciliation.
Word for word“(a) We incurred severance and other costs related to executive transition.” 10-K for 2023
Our summaryThe company announced a plan to restructure its former Plant Nutrition South America segment to enable separate sales processes for each portion of the segment.
Word for word“On February 16, 2021, we announced our plan to restructure our former Plant Nutrition South America segment to enable targeted and separate sales processes for each portion of the former segment, including our chemicals and specialty plant nutrition businesses along with our equity method investment in Fermavi Eletroquímica Ltda. (“Fermavi”).” 10-K for 2023
Our summaryCompany recorded restructuring charges for severance and related costs tied to workforce reductions, executive leadership changes and termination of the lithium development project, shown in the adjusted EBITDA reconciliation.
Word for word“Restructuring charges (a) 15.8 5.9 4.3 Loss on impairments (b) 193.4 — — Provision for product recall costs (c) 0.8 — — Accrued loss and legal costs related to SEC investigation (d) — (0.3) 17.1 Other expense, net 2.2 4.3 0.5 Adjusted EBITDA from continuing operations 206.3 199.1 190.1 Adjusted EBITDA from discontinued operations — — 19.0 Adjusted EBITDA including discontinued operations $ 206.3 $ 199.1 $ 209.1 (a) We incurred severance and related charges related to reductions in workforce, changes to executive leadership and additional restructuring costs related to the termination of our lithium development project.” 10-K for 2024
Our summaryCompany took steps to align its cost structure, with net severance and related charges for workforce reductions, executive leadership changes and lithium project termination costs recorded in Corporate.
Word for word“The Company continued to take steps to align its cost structure to its current business needs.” 10-K for 2024
Our summaryThe company recorded severance and related charges for reductions in workforce, changes to executive leadership, and restructuring costs tied to ending its lithium development project, as part of aligning its cost structure to business needs.
Word for word“(e) The Company continued to take steps to align its cost structure to its current business needs. These initiatives impacted Corporate and Other operating results and resulted in net severance and related charges, excluding stock-based compensation forfeitures, for reductions in workforce, changes to executive leadership and additional restructuring costs related to the termination of the Company’s lithium development project recorded in Other operating (income) expense of $ 4.3 million, $ 15.8 million and $ 5.5 million for the fiscal years ended September 30, 2025, September 30, 2024 and September 30, 2023, respectively.” 10-K for 2025
| Fiscal year ended | Severance costs | Restructuring charges |
|---|---|---|
| 2017-12-31 | — | $4.3 million |
| 2018-12-31 | $5.1 million | — |
| 2019-12-31 | $2.3 million | — |
| 2022-09-30 | $3.8 million | — |
| 2023-09-30 | $5.5 million | $5.5 million |
| 2024-09-30 | $15.8 million | — |
| 2025-09-30 | $4.3 million | — |
Compass Minerals International has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Compass Minerals International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-12-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.