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L.A. prepares to lay off hundreds next week

June 10, 2010 12:18:52 AM PDT
The city of Los Angeles is preparing to lay off more than 300 employees next week. Officials say the pink slips will go out unless labor unions grant about $100 million in concessions by July 1.The city's budget for the upcoming fiscal year calls for laying off up to 761 employees. The first batch of employees to go would come mostly from library staff and childcare workers.