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A comment on Rackspace announces it has laid off 200 workers.

Re:Rackspace announces it has laid off 200 workers by exabrial on Saturday March 02, 2019 @10:50AM (#19289661)
Rackspace is sort of mind blowing. They were first to market, had excellent personable customer service, yet somehow now the early lead with a lack of broader vision and ambition.
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Re:Rackspace announces it has laid off 200 workers by zelon88 on Saturday March 02, 2019 @11:42AM (#19289884)
That's ultimately what this seems like.

Unfortunately from reading some of the comments it appears that private equity took over RS at some point and now it's just gonna be their cash cow until they go bankrupt.

They haven't done much innovation wise in years. Its really sad.

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Re:Rackspace announces it has laid off 200 workers by unclebucknasty on Saturday March 02, 2019 @11:41AM (#19289882)
Pretty typical story. Incumbents being replaced because they rely on the formula that got them there, so don't keep up with the market.
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