Pros
Rackspace used to be a great place to work. You still get the free sodas though as well as casual atmosphere and attire. Great co-workers, and a lot of knowledge to be gained.
Cons
Very low pay when compared to other companies. There is a large amount of work and management will not give the headcount to have the right amount of people to get the work done without burning out others. Very few frontline Rackers compared to the amount of money frontline Rackers bring the company. If you're a frontline racker, don't expect to be able to go to anything that's extra. Any events, kickoffs, quarterly Open Books... There's no coverage for you to go, so don't even bother. Or if you get to go, your team gets to cover for you, and they're then down people, which would be fine, if the team had the appropriate number of people to begin with. It doesn't seem like the company wants to keep its top talent, which are currently leaving. The company is bleeding money and talent. Current stock price - $25. That's been tanking as well. The company has no direction. Rackers don't know where the company is headed and there isn't anything communicated down.