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Compass Minerals makes cuts to corporate staff

May 1, 2023 by Brian Kaberline

A Kansas City-based public company’s steps to cut costs hit its corporate staff, in the form of a sizeable layoff. Compass Minerals International Inc. (NYSE: CMP) cut 48.5 full-time-equivalent positions, or about 16% of its corporate workforce, earlier this month. The Overland Park offered affected employees severance packages and outplacement services and expected to take about $3.3 million in related charges, it said in a filing with the Securities and Exchange Commission. Compass Minerals…

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