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rightsize
[ rahyt-sahyz ]
verb (used with object)
- to adjust to an appropriate size:
Layoffs will be necessary to rightsize our workforce.
rightsize
/ ˈraɪtˌsaɪz /
verb
- to restructure (an organization) to cut costs and improve effectiveness without ruthlessly downsizing
Word History and Origins
Origin of rightsize1
Example Sentences
Spotify's CEO Daniel Ek said last December about 1,500 jobs would be axed as part of "substantial action to rightsize our costs" so that the company could meet its objectives.
"The office market... is going to have to rightsize itself and it's not done yet."
Ek said the company had considered making smaller reductions in 2024 and 2025 instead, but “considering the gap between our financial goal state and our current operational costs, I decided that a substantial action to rightsize our costs was the best option to accomplish our objectives.”
Spotify’s chief executive officer, Daniel Ek, wrote in a note to employees posted on the company’s website that the platform now needed to “rightsize” to account for a “very different environment.”
Spotify employs about 9,000 people, and Mr Ek said "substantial action to rightsize our costs" was needed for the company to meet its objectives.
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