A hundred people will be laid off and 300 vacant positions won't be filled.
In the meantime, Mayor Emanuel met with aviation industry leaders today to discuss job growth and the economy. The mayor stressed that the aviation industry is critical to Chicago's economic future.
The CEOs of United Airlines and Boeing, along with the executive vice presidents of American Airlines and Southwest Airlines, were among those taking part in the discussion. All of the companies in attendance pledged to explore expanding job training programs in Chicago.