The cloud computing company expects the job cuts to save tens of millions of dollars to be reinvested in its AI and cloud services.

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Rackspace Technology (RXT) runs the infrastructure that many enterprises rely on when they want managed cloud services without building everything in-house. The San Antonio-based company operates ...

For much of its history, Rackspace was the catalyst behind San Antonio’s nascent — and, now, increasingly organized — tech industry. “Nothing has been more empowering to the growth of our tech ...