Source: The 74 Million

L.A. Unified will eliminate $43 million in administrative salaries as part of an emergency cost-cutting plan to stave off its fiscal overseers. The cuts won’t be at school sites this year, but rather at the central and local district offices. The number of jobs that will be lost will be left up to each department, but they represent an overall 15 percent reduction. The job cuts are one half of a two-part strategy to right-size the district’s budget, which is projected to be on the verge of bankruptcy in two and a half years. They also come as the district is negotiating raises for teachers under the threat of a strike, and after it has approved salary increases of about 6 percent for two-thirds of its workforce.