rightsizing

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Rightsizing

The act or process of reducing the workforce at a company to the perceived correct number. The term is identical in meaning to layoffs or downsizing, but the word was invented to have a positive connotation. Instead, it is often used in a tongue-in-cheek fashion.

rightsizing

a colloquial term for an ORGANIZATION'S restructuring efforts to improve its efficiency and cost-effectiveness which involve reducing the size of its workforce.
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In this session, attendees will learn about the top five ingredients of a successful right-sizing initiative, including: A project champion, metrics & benchmarks, policy, a marketing plan, and the "secret ingredient.
contemplated to be covered under the right-sizing exercise, out of a
Right-sizing is a management journey to maintain the required gap between revenues and total costs.
Comair said that as a result of a smaller operation and fleet it will cut up to 1,000 jobs, including the reduction of approximately 350 positions recently announced as part of the right-sizing of service to and from Cincinnati.
Is this simply coincidence or is there a right-sizing trend in the market that is glacial in nature - slow but unstoppable?
We're not downsizing, and we're not right-sizing,'' said Arlis McLean, vice president of human resources for Fel-Pro, which has 1,800 employees at its Skokie, Ill.
The company began right-sizing in March 1992 as part of a strategic plan to refocus resources and energies on its strong core business of umbrellas, rain protection gear, and certain other products where it has been the industry leader with an 82 percent brand-name awareness.
Reflecting on the airline's restructuring progress to date, Steenland said, "Because of our progress in addressing important cost and revenue issues including labor costs and employee pensions, new and re-negotiated agreements with key suppliers and partners, restructuring and modernizing the Northwest fleet, right-sizing our level of flying and substantially reducing our debt load, we have reached the critical milestone of filing our disclosure statement in just 17 months.
This detailed data equips utilities with new tools for settling usage disputes, right-sizing transformers, performing load studies and executing virtual turn-offs.
Secondarily, WM appears to be executing its mortgage banking initiatives of right-sizing its mortgage origination platform, as well as improving the efficiency of its servicing platform.
The summit provided attendees with a unique opportunity to collaboratively examine critical issues including: Outsourcing Pros and Cons; Right-sizing the Server Environment; and Reaching Your Business Goals through the Strategic Use of IT.