rightsize
/raɪtˈsaɪz/ · right.siz
verb
- To adjust the size or scale of something, especially a business or organization, to make it more efficient or profitable. The company decided to rightsize its operations by laying off 10% of its workforce.
- To make something more suitable or correct in terms of its size or scale. The designer had to rightsize the model to fit it into the display case.
noun
- The process of adjusting the size or scale of something, especially a business or organization. The company's rightsize led to a significant reduction in costs and improved efficiency.
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Did you know? The term 'rightsize' gained popularity in the 1990s, particularly in the context of corporate restructuring and downsizing, as companies sought to adapt to changing market conditions and improve their bottom line.