Excessing

Excessing refers to the process of reducing staff or resources, typically within an organization, due to factors like restructuring, downsizing, budget cuts, or efficiency improvements. This action often involves eliminating positions, departments, or assets deemed non-essential or redundant. The primary goal is usually to streamline operations, reduce costs, and improve overall organizational performance. It frequently involves offering severance packages or alternative employment opportunities to affected employees.

Excessing meaning with examples

• The company announced a wave of 'excessing' across multiple departments, citing economic downturn and operational inefficiency. Many employees received layoff notices. HR worked to assist employees in finding alternative work. The process was intended to right-size the company and make it more financially viable.
• After a merger, the merged firm began 'excessing' employees where there were overlaps in roles. Severance packages were offered to departing employees to ease the transition. The goal was to consolidate operations and maximize profitability by eliminating redundancies.
• Facing declining revenue, the university considered 'excessing' faculty positions to address budget deficits. The decision was met with protests from students. The university's goal was to reduce its operational costs and become more financially sustainable.
• The project team had too many members on the project. After evaluation the project manager recommended 'excessing' two members to streamline communication and ensure the project stayed within its initial budget. This increased the focus of each member, improving productivity.