Kronos Worldwide layoffs, on the record
Every job cut, severance charge and restructuring Kronos Worldwide reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 2,196 to 2,524.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 2,196 | December 31, 2023 |
| 10-K for 2024 | 2,524 | December 31, 2024 |
Job cuts, severance and restructuring
Our summaryKronos began implementing voluntary and involuntary workforce reductions as part of cost saving measures to improve its long-term cost structure.
Word for word“As part of overall cost saving measures to improve our long-term cost structure, during the third quarter of 2023 we began implementing certain voluntary and involuntary workforce reductions.” 10-K for 2023
Our summaryKronos recognized restructuring costs related to workforce reductions, mostly in the fourth quarter of 2023.
Word for word“and ● recognition, primarily in the fourth quarter, of $5.8 million ($4.3 million, or $.04 per share, net of income tax expense) of restructuring costs related to workforce reductions.” 10-K for 2023
Our summaryAccrued severance costs at year-end 2023 were expected to be paid by the first quarter of 2024.
Word for word“Accrued severance costs at December 31, 2023 are expected to be paid by the first quarter of 2024 and are included in Accounts payable and accrued liabilities – Other on our Consolidated Balance Sheet.” 10-K for 2023
Our summaryImplemented voluntary and involuntary workforce reductions, mainly in European operations, to cut operating costs.
Word for word“In response to the extended period of reduced demand in 2023, we took measures to reduce our operating costs and improve our long-term cost structure such as the implementation of certain voluntary and involuntary workforce reductions during the third quarter of 2023 that primarily impacted our European operations.” 10-K for 2024
Our summaryClosed the sulfate process line, recording charges for workforce reductions for affected employees.
Word for word“As a result of the sulfate process line closure, we recognized charges to cost of sales in 2024 of approximately $ 2 million related to workforce reductions for employees impacted and approximately $ 14 million in non-cash charges primarily related to accelerated depreciation.” 10-K for 2024
Our summaryThe company carried out voluntary and involuntary workforce reductions at its operating locations in the fourth quarter of 2025 and booked about $10 million of restructuring charges.
Word for word“We recognized a total of approximately $10 million in restructuring charges in the fourth quarter of 2025 related to workforce reductions impacting approximately 226 positions.” 10-K for 2025
Our summaryThe company closed its sulfate process line at Varennes, Canada in 2024, which led to workforce reduction charges and accelerated depreciation.
Word for word“In the third quarter of 2024, we closed our sulfate process line at our facility in Varennes, Canada.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2023-12-31 | $5.8 million | $900,000 |
| 2024-12-31 | $2 million | $6 million |
| 2025-12-31 | $10.3 million | $2.4 million |
Kronos Worldwide 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 Kronos Worldwide’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 2026-03-09. 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.