Was curious if there was any layoffs at Rackspace in 2024?
Any 2023 layoffs
Anyone?
"No layoffs in the previous 5 years"...
We were "absorbed" into Rackspace in 2020 (Pre IPO). During the onboarding phase we were told that RS hadn't laid anyone off in the previous 5 or so years, they were proud of finding a job where everyone was valued. They laid off a chunk of my team... — read more
Pos company
May as well move the HQ to Mx or India.
Another restructuring
San Antonio-based Rackspace announces layoffs amid multimillion-dollar restructuring plan Rackspace, one of San Antonio's most prominent tech companies, is prepping for a round of layoffs amid a multimillion-dollar restructuring... — read more
5% of jobs going to India
The most recent round of layoffs announced in November (only to those being laid off) involve primarily people who don't work the standard 9-5 job, with those jobs going to India. The laid off 4 highly technical admins in my group, so the word that... — read more
Layoffs happening
Happening again.
2020 prospects
What do you think???
Friends got cut
Layoffs did happen today at Rackspace. Few former consultants of mine turned Rackers (work for an agency in San Antonio) have told me their friends got cut and are sending their resumes over. Don't know how large the layoff is but it's touching a lot... — read more
200 Cut
https://therivardreport.com/rackspace-lays-off-200-locals-in-companywide-cuts/
Non Tech Layoffs
We were told there would be between 250-300 positions cut in a meeting 1 month ago. Today is the day for cutting the majority among the identified positions. Most of the cuts seem be in non-technical position.
Layoffs coming up?
https://finance.yahoo.com/m/b4c315d0-151a-3294-897d-1a7673cc5a41/ss_rackspace-board-pushed-back.html Apollo wanted to gut half the company and now a smaller percentage..not sure why no one is even talking about this
Rackspace covers up its layoffs to protect it's tax breaks and stock from plummeting even further.
I was told my position was "eliminated" on 2/15/16. So were 5 others on my team. We were told that we could apply for other positions within the company but no effort was made to "reassign" us. Rackspace is in real trouble.
Layoffs 4th Febuary - they have layed off around 90 staff and I am sure there will be further cuts later in the year.
Opening new offices and giving the percecption that all is great but when in fact things are and have been on a downward spiral for the past 4 years. This is the biggest "downsizing" the company has had to do.
Massive layoffs this month.
Yeah, they're doing a lot of hatcheting now. But I don't think they are reporting this publicly as they should. It doesn't sound good. With the kind of crap management we have I guess it should not be surprising.
They are laying off people now.
So, not so sure on these best years..
Doing pretty good - no layoffs in 2014 and 2015
I am sure we'll be outstanding performers this and next year. 2014 is one of the best years on record for Rackspace, and I truly expect no layoffs.