Detroit Public Schools plans to cut 40 percent of its current teaching staff by fall 2015. Deep staffing cuts are part of a deficit-reducing effort by Gov. Rick Snyder’s newly formed Education Achievement Authority [1], Yahoo! News reports. The cuts will save $74 million in salaries and $15 million in pensions, to be used toward the DPS’s $372 million budget deficit. Remaining staff will have greatly increased student loads. Of the 1,500 teachers who will lose their jobs, 1,100 are slated to be gone next fall. Detroit’s poorer performing schools will see the most staff cuts…