Rightsizing is the strategic adjustment of an organization’s workforce and resources to align with current business needs, often involving hiring, layoffs, or restructuring.
- What is rightsizing?
Answer: It is adjusting workforce and resources to match business needs. - What are examples?
Answer: Examples include reducing staff or hiring specialists. - What are the benefits?
Answer: It improves efficiency and profitability. - What are the challenges?
Answer: Challenges include morale and legal compliance. - How does HR manage it?
Answer: HR plans, communicates, and supports transitions.
