Rackspace to lay off 10% of workforce and replace majority offshore

Man yelling at phone

Multicloud solutions provider Rackspace Technology has announced plans to lay off one in 10 of its workers, with 85% of these roles being replaced through offshore service centres.

In a regulatory filing, Rackspace stated that it is “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.”

Rackspace intends...