Rackspace racks up job cuts amid market downturn and talk of offshoring

The Register
Mar 28, 2023, 6:45 am214 pts
Everything from inflation, to war in Ukraine and high interest rates 'point to recession', says CEO in memo to staff Exclusive Cloud reseller and integrator Rackspace Technology is kicking off a restructuring process involving the loss of nearly 4 percent of the global workforce due to a slowdown in cloud…

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