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 downloadbesttorrentblog.ru is but it's touching a lot... read more
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Topics regarding layoffs at Rackspace Managed Hosting
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.
/ Apollo wanted to gut half the company and now a smaller percentage..not sure why no one is even talking about this
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.
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.
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.
So, not so sure on these best years..
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.