Aerojet Rocketdyne Rearranging Deck Chairs on the Titanic

In total, approximately 1,100 of the existing 1,400 positions in Sacramento are expected to be relocated or eliminated.

The company plans to close its Gainesville, Virginia facility in the third quarter of 2018. Approximately 170 positions there will be relocated or eliminated with relocations planned to Huntsville and the company’s facility in Orange County, Virginia.

To accommodate the company’s consolidations, overall growth plans for Huntsville include the addition of approximately 800 jobs to support America’s space and defense needs for the next quarter century and beyond.

Downsizing, relocating to a lower-cost location, and doubling-down on just about the only politicians who have been working for them lately.