BusinessAugust 28, 2026
rightsize
RITE-size
Definition
To adjust the size of an organization or its operations, often by downsizing or restructuring, to make it more efficient and cost-effective.
Etymology
The word is a 20th-century American business term, formed by combining 'right' (meaning correct or appropriate) with 'size,' used as a euphemism to describe organizational restructuring.
In the news
The school board is using the term to describe its initiative to modernize operations and manage costs more effectively. It highlights the district's effort to align its business structure with its actual financial and operational needs.
Oxford Hills school district hires accounting firm to review business operations
Read the full article ↗Lewiston Sun Journal