CPS will lay off 760 teachers, cut 5 student nonattendance days in bid to close budget deficit

Chicago Public Schools leaders announced drastic plans Wednesday to close the district’s massive deficit, including laying off 760 teachers, 801 teacher aides and 162 central office and citywide staff.

The district also plans to freeze spending midyear and furlough staff for five days that students were not supposed to be in attendance, such as those that were set aside for planning, training or report card pickup.

Not paying staff for five days would save the district around $85 million. For the average teacher, that would translate to a $2,300 pay cut, Chicago Teachers Union officials said, or around 2.3% of their salary…

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