Thread regarding Rackspace Managed Hosting layoffs

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.

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Rackspace has been spiraling down for a while now, nothing will stop it - Cloud will wipe out most of traditional copetitors

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