n.
Downsizing a company's workforce to the point where the number of employees remaining is deemed to be "right" for the company's current condition.
Example Citation:
"Downsizing became popular a few years ago to replace layoffs, but then people started thinking downsizing was too negative, he says. From that, 'rightsizing' was born."
— L. M. Sixel, "New terms, old ideas," The Houston Chronicle, May 8, 1995
Earliest Citation:
"Downsizing' is the term commonly used to describe strategic corporate cutbacks. But Roy S. Roberts, vice president of personnel administration for General Motors Corp., prefers a different word. He terms the monstrous task of trimming GM's salaried staff by 25% 'rightsizing,' contending that it will make the automaker leaner, meaner, and more competitive."
— John H. Sheridan, "A matter of perspective," Industry Week, January 4, 1988
Related Words:
Category:
New words. 2013.