CPS layoff notices to go out

July 1, 2009 8:13:27 AM PDT
Layoff notices are expected to go out Wednesday to more than 550 Chicago Public Schools employees. The first round of layoffs will affect non-classroom administrative workers.

The layoffs will save CPS more than $100 million.

Schools CEO Ron Huberman plans a second round of layoffs later this summer. He said he also wants to cut contracts to plug a roughly $500 million budget deficit.