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500 L.A. school district jobs saved

June 12, 2009 |  2:20 pm

Los Angeles Unified School District officials announced today that they were canceling nearly 500 layoff notices.

Administrators at school sites opted to use funds to "buy back" 500 positions, including those of teachers and counselors, according to the district. L.A. Unified faces a nearly $133-million deficit this fiscal year and has issued preliminary layoff notices to about 2,500 employees.

The district must resolve this year's deficit before July 1.

-- Jason Song