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1.
The society-friendly term for downsizing/laying off people, in an attempt to make the situation look less grim. Recently used in the media by companies who have overspent or mismanaged their budget and have to cut spending somewhere, yet they continue to pay outrageuos salaries to CEOs, Presidents, Vice-Presidents, etc.
"I'm so broke since the layoff, I can't pay my rent. It's depressing!"

"Well, if you get evicted maybe you can offer to house-sit for Jon Moneybags. I hear he has a huge house, and he'll be on vacation in Hawaii for two weeks.

"Great idea. It's a good thing that he's the Big Cheese and wasn't affected by the rightsizing."
by PoisonGirl69 August 04, 2009