Stock Quotes by SpaceNews: SpaceNews 903.2775 0.00% ATK 76.30 0.00% ASTC 0.78 0.00% BAESY 25.72 0.00% BA 97.93 0.00% CMTL 26.21 0.00% DGI 28.02 0.00% SATS 39.29 0.00% GY 13.67 0.00% GEOY 0.00 N/A GILT 5.43 0.00% GSAT 0.4725 0.00% GCOM 12.76 0.00% HRS 49.90 0.00% IRDM 7.23 0.00% LMT 106.49 0.00% LORL 61.00 0.00% NOC 80.86 0.00% ORBC 3.60 0.00% ORB 17.95 0.00% RTN 66.24 0.00% RRST 8.39 0.00% SIRI 3.535 0.00% THLEF 46.90 0.00% TRMB 28.35 0.00% UTX 96.25 0.00% VSAT 70.55 0.00%
Facebook Twitter YouTube RSS
Login

You are here

Rocketdyne Lays off 100 ahead of Aerojet Merger

CANOGA PARK - About 100 employees at Pratt & Whitney Rocketdyne, most of whom work in the San Fernando Valley, were laid off Wednesday in response to dwindling government spending on space exploration, the company said.

The layoffs were effective immediately, and 75 percent of them came at the facilities on Canoga and De Soto avenues, which employ about 1,100 people. The company has six sites across the Valley.

"The uncertain future of the space industry and current economic conditions have created an environment where we must take these steps to ensure we remain competitive," the company said in a statement.

 

Add comment

Log in or register to post comments

Career Center

FOGE 2013 Galaxy Ball

Support Space Based STEM education

Be part of our

summer celebration of the individuals & companies who make space exploration happen.

The Space Directory

.