Hollywood’s largest actors union is cutting 8% of its staff in the face of investment losses and declining membership dues. The Screen Actors Guild plans to lay off about 35 workers to help close a $6.5-million deficit in the union’s fiscal 2009 budget. The cuts affect several departments and include those who work in the union’s organizing and information technology departments, according to people familiar with the matter. Affected workers will be notified this week. SAG has about 440 employees. For the full story click here