right‧size /ˈraɪtsaɪz/ verb [intransitive and transitive]
if a company or organization rightsizes, or if it rightsizes its operations, it reduces the number of people it employs in order to reduce costs – used especially by companies to make the reduction in the number of workers sound good and sensible ⇒ downsize:
They have been given one year to rightsize their workforce.
—rightsizing noun [uncountable]:
Many workers lost their jobs as a result of rightsizing.

[TahlilGaran] Dictionary of Contemporary English ▲