rightssizing
Rightsizing refers to the process of adjusting the size of a company's workforce or resources to match its current needs and strategic objectives. This is distinct from downsizing, which typically implies a reduction in staff or operations due to financial distress. Rightsizing, in contrast, is a proactive and strategic approach aimed at optimizing organizational efficiency and effectiveness. It can involve increasing, decreasing, or reallocating personnel and resources.
The goal of rightsizing is to ensure that a company has the right number of employees with
Key drivers for rightsizing can include changes in market demand, technological advancements, shifts in business strategy,