The San Antonio-based tech company said it would cut 15% of its global workforce. Rackspace employs 500 workers in San Antonio.

Shares of Rackspace Technology RXT climbed about 16% in trading on Tuesday after the cloud services provider announced a ...

A massive workforce reduction is clearing the way for a major tech partnership—and Wall Street is aggressively buying the ...

LONDON, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced its UK Sovereign Services has achieved the ...