Rackspace makes round of layoffs

Favicon The San Antonio Business Journal

San Antonio-based cloud hosting company Rackspace Hosting Inc. has eliminated 100 jobs, the company confirmed today. The layoffs come about a year after the company reduced its footprint by 6 percent, a move that came weeks after Rackspace was acquired by private equity company Apollo Global Management LLC. At the time of the February 2017 layoffs, involving mostly corporate administration and management positions, the company described them as a one-time cut, saying it would continue to hire in...

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