RENEE MONTAGNE, host:
NPR's business news starts with pink slips in Rhode Island.
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MONTAGNE: The school board in Providence has sent pink slips to all of its teachers - there are nearly 2,000. City officials say they need flexibility to make budget cuts. Not all of the teachers will actually lose their jobs, but the move allows for potential layoffs. The teachers call it insane. Transcript provided by NPR, Copyright NPR.