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Why are so many companies 'rightsizing'?

  • In recent years, major corporations, including Alphabet, Meta, Microsoft, Amazon, and Disney, have engaged in extensive job cuts, euphemistically labeled as "rightsizing."
  • This trend, driven by the end of the era of low interest rates, saw over 260,000 tech employees laid off in 2023 alone. The term "rightsizing" is employed by executives to convey a neutral image, suggesting a return to a more suitable business scale given economic realities.
  • However, critics argue that such euphemisms dehumanize the process, potentially undermining the genuine impact on employees. Despite linguistic nuances, for workers, "rightsizing" simply translates to job loss and uncertainty.

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