Rightsizing

Rightsizing is a process of optimizing the size and cost of an organization's workforce. It involves analyzing the current staffing levels, determining what skills are needed to meet organizational goals, and making adjustments to ensure that the right number of people with the right skills are employed. Rightsizing can also involve reducing headcount in order to reduce costs or increase efficiency. The process typically includes assessing job roles, evaluating employee performance, identifying redundancies, and restructuring positions or departments as necessary. Rightsizing is often used as part of a larger strategy for improving organizational effectiveness and efficiency.