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Chicago teachers took to the streets Thursday to protest $100 million in new cuts being made by the financially troubled Chicago Public Schools that is struggling to close a $480 million budget gap.

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Forrest Claypool

Just a day after the Chicago Teachers Union rejected the school board's latest contract offer, Chicago Public Schools is announcing cuts. CEO Forrest Claypool says the district is still working to avoid teacher layoffs, but some staffers will lose their jobs in order for the district to save money.

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Jesse Sharkey

The Chicago Teachers Union is fighting mad and pursuing legal action to strike immediately. We get the latest from CTU vice president Jesse Sharkey.