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Rackspace Technology Named RippleMatch ‘Next Gen 100’ List Recognizing The Top Workplaces for The Next Generation of Talent

December 9, 2021

Rackspace Technology Named RippleMatch ‘Next Gen 100’ List Recognizing The Top Workplaces for The Next Generation of Talent

Rackspace Technology Named RippleMatch ‘Next Gen 100’ List Recognizing The Top Workplaces for The Next Generation of Talent

SAN ANTONIO – December 9, 2021 – Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced RippleMatch, the intelligent platform for early-career recruiting, named Rackspace Technology to the 2021 list of the top workplaces for Generation Z: ‘The Next Gen 100.’

The Top 100 Next Gen Workplaces list is comprised of organizations that are building standout workplaces for the next generation of talent, informed by extensive data collected by RippleMatch on what Generation Z values in a workplace. The recognized companies are investing in the programs, benefits, and cultures that enable their people to thrive personally and professionally.

Rackspace Technology filled out a detailed application about the organization and was among the top scoring applicants out of hundreds of applications. Read below to learn what distinguishes Rackspace Technology as a Next Gen Workplace.

Learning & Development
Next Gen Workplaces are committed to nurturing and growing the careers of their employees, and that includes entry-level talent. These companies offer robust early-career programs, structured mentorship opportunities, internal training, speaker series, and clear paths for upward mobility.

Company culture & Well-being
Companies SELECTed as Next Gen Workplaces are investing in cultures that are inclusive and supportive of all employees. These organizations often offer standout benefits that empower employees to bring their full selves to work such as mental health and flexible work options, in addition to fostering strong communities internally.

Financial Security and Benefits
Companies that qualify as Next Gen Workplaces understand the importance of financial security and competitive compensation. The organizations that made it into The Next Gen 100 offer standout financial benefits, such as 401(k) plans, employer-subsidized healthcare plans, financial planning, relocation assistance, and more.

Diversity, Equity, and Inclusion
Next Gen Workplaces are committed to moving the needle on D&I and are taking actionable steps to increase representation. The companies included are making long-term investments in D&I such as diversity-focused partnerships, building relationships with HBCUs & HSIs, leveraging technology, providing resources for ERGs, and having dedicated D&I team members.

Click here to view the entire RippleMatch Next Gen 100 list.

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can 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 RippleMatch
Hire top talent and build diverse teams with the intelligent platform for early-career recruiting. Get in touch with the RippleMatch team to request more information by clicking here.

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.