---
schema_version: "secwatch.filing_event.v1"
accession: "0001227654-23-000095"
form_type: "8-K"
ticker: "CMP"
cik: "0001227654"
company_name: "COMPASS MINERALS INTERNATIONAL INC"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:20:43.326967+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Compass Minerals cuts 48.5 FTEs (16% corporate workforce); $3.3M charge; $17-18M annual savings

## Summary
- Eliminated 48.5 full-time positions (~16% of corporate workforce); affected employees offered severance and outplacement.
- Expects $3.3M restructuring charge in fiscal 2023, with $2.8M in the quarter ended March 31, 2023.
- Anticipates $17-18M annual benefit to operating expenses and adjusted EBITDA starting fiscal 2024.
- Plans to evaluate additional cost-reduction opportunities at production and packaging sites in coming months.

## SEC filing metadata
- accession: 0001227654-23-000095
- form_type: 8-K
- ticker: CMP
- cik: 0001227654
- company_name: COMPASS MINERALS INTERNATIONAL INC
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227654/000122765423000095/0001227654-23-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227654/000122765423000095/cmp-20230404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001227654-23-000095
- JSON: https://secwatch.observer/filing/0001227654-23-000095.json
- Plain text: https://secwatch.observer/filing/0001227654-23-000095.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.