At its peak in the late 1990s, the "Mercury News" had 400 employees in its newsroom, 15 bureaus, $ in annual revenue, and profit margins above 30%. In 1998, Knight Ridder moved its headquarters from Miami to the Knight-Ridder Building in San Jose, which was seen as an acknowledgement of the central role that online news would play in the company's future. Mercury Center ended its paywall in May 1998, after posting 1.2 million monthly unique visitors the previous year. By 2000, the paper had a Sunday circulation of 327,000 and $ in annual revenue, $ of it from job listings. In 2001, circulation rose to 289,413 daily and 332,669 Sundays.