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RackSpace Lays Off 10% of its Workforce

In a filing with the US Securities and Exchange Commission, Rackspace announced Friday that they are laying off 10% of their workforce. "On July 21, 2021, the Company [Rackspace] committed to an internal restructuring plan, which will drive a change in the types of and location of certain positions and is expected to result in the termination of approximately 10% of the Company’s workforce. The Company anticipates that ap...

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RackSpace Lays Off 10% of its Workforce

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