LA school district rescinds 505 teacher layoffs (CBS 47 Fresno)

LOS ANGELES (AP) - Officials at the Los Angeles Unified School District say they have rescinded 505 teacher layoffs, whittling down the number of total job losses slated for the upcoming school year to 2,520. District Superintendent Ramon Cortines said Friday the action resulted from positions freed up by an early retirement program, as well as federal stimulus funds. The nation’s second-largest …