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Mar 20 17, 8:40 am

Abu Dhabi Police busts car scam ring

The Abu Dhabi Police has busted a car scam syndicate with the arrest of the criminal gang’s 54 members, who allegedly defrauded investors of up to Dh1.3 billion.

[social_warfare]

This aerospace firm gives 60-day notice for involuntary layoffs in May

by | news

Boeing spokesman confirmed the 60-day notice but decline to give the specific date when this layoff will push through.

On Friday, workers at the company’s Washington state factories were informed by their union that Boeing had issued a federally required notice that “involuntary layoffs were scheduled for May”, CNN Money reported.

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The company has been cutting staff to reduce costs since early 2016, but the notices are the first official signal from the company that it will lay off some of the factory workers who assemble its jets.

After years of record buying, the pace of orders for Boeing’s twin-aisle jets, including it’s 777 and 787 Dreamliners, has slowed significantly.

Boeing is cutting back current-generation 777 production, its most profitable large jet, by nearly 60% from its peak.

As of last month, Boeing had 148,000 workers.

The company had already cut the jetliner unit’s headcount by 9% in the past year, local news reported. -KCO

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Editors Choice

Rebels seize N. Cotabato school, students

At least 100 members of the Bangsamoro Islamic Freedom Fighters (BIFF) stormed an elementary school in North Cotabato Wednesday morning and took some students hostage, according to the military and local police.

California police arrest avocado thieves

Three men in California have been charged with theft for selling boxes of avocados from the company they work for and selling them to customers at a lower price.

Rebels seize N. Cotabato school, students

At least 100 members of the Bangsamoro Islamic Freedom Fighters (BIFF) stormed an elementary school in North Cotabato Wednesday morning and took some students hostage, according to the military and local police.

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