SoylentNews is people
SoylentNews
From the Rackspace blog
Rackspace today initiated layoffs that will cut our U.S. workforce by about 6 percent. We are proposing somewhat smaller reductions in our offices in other countries, through consultative processes governed by local laws. The U.S. layoffs and proposed international reductions are personally painful, but they are necessary and manageable. We're confident we can accomplish these reductions without any effect on the expertise and exceptional customer service we provide to our customers. We have targeted these cuts primarily toward our corporate administrative expenses and management layers, while striving to create the least impact to our frontline Fanatical Support and product teams.
[...] Our U.S. layoffs are focused mainly in areas where our workforce has grown more rapidly than our revenue. Other parts of our business — such as our Rackspace Managed Security offering, our OpenStack and VMware private clouds, and our managed services for Amazon Web Services and Microsoft Azure — are growing rapidly, at annualized rates in the high double digits.
We will continue to invest and build our capabilities in these fast-growing lines of business. We have big ambitions, because the complexity and speed of change our customers are facing as they move into the multi-cloud world have never been higher. We are the service leader who can offer our customers Fanatical Support and expertise for the world's leading clouds. We are not backing down, but racing ahead. We expect that over a period of several years, Rackspace will be significantly larger in revenue, profit and headcount.
(Score: 4, Funny) by Anne Nonymous on Thursday February 09 2017, @02:18PM
6% is hardly the difference between a C-cup and a B-cup.
(Score: 0) by Anonymous Coward on Thursday February 09 2017, @03:07PM
Smaller rack?? Do not want!
(Score: 2, Funny) by Anonymous Coward on Thursday February 09 2017, @03:29PM
Delicious flat chest is superior.
(Score: 1, Flamebait) by Azuma Hazuki on Thursday February 09 2017, @06:19PM
If you're a paedophile
I am "that girl" your mother warned you about...
(Score: 2, Informative) by Anonymous Coward on Thursday February 09 2017, @06:24PM
Nah, brah. Big hips and butt and flat chest = HNNNNG
(Score: 1, Troll) by Azuma Hazuki on Thursday February 09 2017, @06:48PM
Not a brah, brah. Proud of my big bra, brah. Seems like a lot of men can't handle a woman who looks like a woman, brah.
I am "that girl" your mother warned you about...
(Score: 0, Redundant) by Anonymous Coward on Thursday February 09 2017, @06:53PM
Wide hips and big butt are what a real woman have, moron. Only in the States, the land of lardasses home of heart disease, would that description match a prepubescent girl.
(Score: 2) by GungnirSniper on Thursday February 09 2017, @07:37PM
Pics or it didn't happen.
The data center ops folks I deal with are so bad I hope for outsourcing.
Tips for better submissions to help our site grow. [soylentnews.org]
(Score: 0) by Anonymous Coward on Thursday February 09 2017, @11:27PM
Wouldn't it be flattaphile? (flatfile?) Planephile?
(Score: 0) by Anonymous Coward on Thursday February 09 2017, @05:47PM
6% is hardly the difference between a C-cup and a B-cup.
Rough figures (pun not intended):
-C-cup: approximately 39"
-B-cup: approximately 38"
The difference is 39/38 = 1.026 = 2.6%. Way smaller than the 6%.
This is closer to the difference between an A-cup and a C-cup, or maybe even a D-cup... which I'm sure everybody will agree is a huge difference.
(Score: 0) by Anonymous Coward on Thursday February 09 2017, @06:19PM
There's also a huge difference in my pants when I see a D cup vs an A cup.
(Score: 1, Touché) by Anonymous Coward on Thursday February 09 2017, @06:41PM
Think volume you nerd.
(Score: 1, Informative) by Anonymous Coward on Thursday February 09 2017, @10:18PM
The volume of my semen painting your colon?
(Score: 0) by Anonymous Coward on Monday February 13 2017, @02:59PM
RU Gay?
(Score: 1, Informative) by Anonymous Coward on Thursday February 09 2017, @08:58PM
Our new ownership structure. Three months ago, we went private under the ownership of a group led by Apollo Global Management, a leading private equity investor. Apollo is giving us the flexibility to structure our business for long-term growth, in ways that would be difficult under the 90-day shot clock of the public markets. Apollo shares our determination to make Rackspace bigger and stronger, not smaller, over the next few years.
Basically 'you are overstaffed here is our made up goal number for you to cut so we hit our profit quota'.
They got bought out and now are slimming down.