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Rackspace Technology recognised as one of the best places to work in Hong Kong 2020

July 15, 2020

Rackspace Technology recognised as one of the best places to work in Hong Kong 2020

Rackspace Technology recognised as one of the best places to work in Hong Kong 2020

Hong Kong – July 15, 2020 – Creating a high-trust, high-performance workplace is not an easy task, especially this year, Rackspace Technology is very proud to be SELECTed as the “Best Workplace in Hong Kong™ 2020. One of only 16 companies recognised in Hong Kong, the award is assessed on employees’ perspectives on leadership, organizational culture, and trust. 

According to Great Place to Work® TRUST continues to be the fundamental key to success in all kinds of workplaces. Now that we are all facing this unprecedented challenge of COVID-19, which makes it harder to remain motivated and engaged, TRUST reclaims its strategic value. Especially in the current situation, we are honoured to be recognized by our employees that “This is a great place to work.”

“Ultimately, this recognition belongs to our employees, the Hong Kong Rackers. With the pandemic as the backDROP, the Rackers showed the willingness to step up to the challenge and contribute to the success of the business. Despite work from home arrangements due to health risks stemming from the pandemic, employees remained committed to offering assurance to each other that we are all in this together.” explained James Hung, the Managing Director for North Asia, Rackspace Technology. 

“We are proud to be recognised as a great place to work. 

This acknowledgement is a true testimony to our relentless efforts in fostering an environment that encourages our employees to treat each other as friends and family and providing the support our employees need to deliver excellent results,” said Hung.

Rackspace Technology is no stranger to the Great Places to Work list in Asia Pacific. In Singapore, Rackspace Technology ranked third in Singapore’s Great Places to Work in the Small Workplace category for 2019. Similarly, Rackspace Technology Australia took the 13th spot in 2019 for Australia’s Best Place to Work in the “Under 100 employees” category and has been included in the list for the last seven years.

About the Best Workplace in Hong Kong™ list

Since 2016, Great Place to Work® has identified the top organizations that create great workplaces in Hong Kong regardless of their business scale and industry through the publication of the Best workplaces in Hong Kong™ List. The objective of publishing the list is to acknowledge organizations and Great Workplaces from diverse industries and sizes that deliver and establish great culture and enhance the competitive edge in Hong Kong.

To be considered eligible for the Best workplaces in Hong Kong™ List, companies must score at least 70% in the overall result of the Trust Index© employee survey and score 120 in Culture Audit© assessment. 

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

About Rackspace Technology

Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at www.rackspace.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events and can be identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continues,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect,” “is putting,” “designed to,” or the negative of such terms or other similar expressions, although not all forward-looking statements contain these words.

 These statements include, but are not limited to, Rackspace Technology’s relationship with NVIDIA and the NVIDIA Cloud Partner Program, its Enterprise AI Cloud strategy, the anticipated capabilities, benefits and timing of its Institutional Sovereign Pod architecture, Rackspace’s outlook on the AI industry and its ability to deliver, operate, and scale AI infrastructure and solutions for regulated, institutional and sovereign enterprises. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including, without limitation: Rackspace's ability to realize the anticipated benefits of its relationship with NVIDIA and the NCP program; the availability, cost, and timing of deployment of NVIDIA and other third-party technology; Rackspace's ability to develop, market, and scale the Institutional Sovereign Pod and related offerings on the anticipated timeline or at all; market acceptance of and demand for sovereign and governed AI infrastructure solutions; competition in the AI infrastructure and cloud services markets; capital expenditure requirements associated with AI infrastructure buildout; availability of financing for the AI infrastructure buildout on terms acceptable to Rackspace; Rackspace’s reliance on a limited number of technology partners, including NVIDIA; cybersecurity, data privacy, and regulatory compliance risks associated with serving regulated and sovereign customers; general economic and industry conditions; and other risks and uncertainties described in Rackspace's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Rackspace undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.