[How low will it go? GCI annual employment at Jan. 1]
Following earlier reductions through attrition and buyouts, the 600 layoffs and 400 job cuts announced last week will likely result in a record annual decline in the company's workforce by year's end. Gannett employed 46,100 employees at the start of the year, down 7% from a year before, public documents show. Payroll peaked at 53,400 in early 2001, reflecting acquisitions the previous year, including The Arizona Republic.
[Data: 10-K filings with Securities and Exchange Commission]