Gray Media layoffs, on the record
Every job cut, severance charge and restructuring Gray Media reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 9,374 full-time employees and 549 part-time employees | February 16, 2024 |
| 10-K for 2024 | 9,118 full-time employees and 384 part-time employees | February 21, 2025 |
| 10-K for 2025 | 9,165 full-time employees and 417 part-time employees | As of February 20, 2026 |
Job cuts, severance and restructuring
Our summaryTransaction related expenses incurred for acquisitions included an item for incentive compensation and other severance costs, which was $2 million in 2022 and nil in 2023.
Word for word“Incentive compensation and other severance costs - 2 - Termination of sales representation and other agreements - - 1 Total Transaction Related Expenses $ 1 $ 8 $ 81 Transaction Related Expenses by financial statement line item: Operating expenses before depreciation, amortization and loss (gain) on disposal of assets, net: Broadcasting $ 1 $ 6 $ 3 Corporate and administrative - 2 71 Miscellaneous expense - - 7 Total Transaction Related Expenses $ 1 $ 8 $ 81 Revenues, Operations, Cyclicality and Seasonality.” 10-K for 2023
Gray Media 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 Gray Media’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 2026-02-26. 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.