Kodak is kicking off a new round of job cuts - another 91 people in the Rochester area will be out of work by late May.
But the much bigger drop in Kodak's local employment figure is actually the result of a new accounting practice.
This time last year, Kodak reported a Rochester-area workforce of about 7,100.
Turns out that number should've been 5,900.
The 1,200-person drop is the result of a new classification system, according to a Kodak spokesman.
"In the past, our system counted as Rochester employees a number of employees who report to Rochester-based supervisors," Alan Brakoniecki said in a statement.
Given the new counting system, here's the latest figure:
At the end of 2011 Kodak had 5,129 Rochester-area employees - down almost 800 from the previous year.
According to a list published by the Rochester Business Journal, that means the Eastman Kodak Company is now no longer one of the region's top five private sector employers.
Kodak's Rochester-area employment peaked at 60,400 workers in 1982.
The company filed for Chapter 11 bankruptcy protection Jan. 19, 2012.