Company says customer data was accessed but not viewed or misused

Kevin Jones steps down, to join Rackspace investor Apollo Global Management as operating advisor

Company to remain independent despite ‘inbound interest’ and a review of ‘strategic alternatives’

“Everything is on the table” according to CEO Jones

Former challenger to AWS et al to cull 700 employees, offshoring many roles

The worst first day of trading this year

But is still operating at a loss

As part of a major company shift to multicloud services