noun
- the process of restructuring a company or organization to reduce costs and improve efficiency, typically by eliminating jobs
Usage: business
verb
- to restructure a company or organization by reducing its size to improve efficiency and cut costs
Usage: business
Examples
- The company announced a rightsizing initiative to eliminate 200 positions.
- Management believes rightsizing will help them compete more effectively.
- The CEO defended the rightsizing as necessary for long-term survival.
- They are rightsizing the department to focus on core functions.
- The rightsizing process will be completed over six months.
- After rightsizing, the company became more profitable.
- Employees were concerned about the upcoming rightsizing announcement.