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What Exactly Is ‘Right-Sizing’?
Right-sizing sounds a lot like downsizing, but there is a surprising difference.
Most people know what the word "downsizing" means ... job cuts. Layoffs. People without work. So if downsizing means releasing employees, what does "right-sizing" mean?
Some companies euphemistically call downsizing right-sizing because it helps them size their workforce according to the amount of business they're currently generating. The staff-to-work ratio is deemed "right" and the workforce is the "right size" for the firm.
A more charitable and optimistic interpretation of right-sizing is also ...