Friday, March 29, 2024 | 21:02 WIB

Rightsizing: A strategic move to boost company’s growth

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Blue Bird
(IO/Dumaz Artadi)

This process necessitates the company to redefine job descriptions and rearrange the organizational structure so that the potential of the company can be maximized, hence realizing its full potential and achieving more efficient and effective performance.

Shopee is also rumoured to be undertaking rightsizing. According to Kompas, the e-commerce firm is making adjustments to its business direction, especially for employees who work in ShopeeFood and ShopeePay divisions in a number of areas of operation such as Southeast Asia, Europe and Latin America.

“(Given) the increased uncertainty in the broader economy, we believe it is prudent to make the difficult but important adjustments to improve our operational efficiency and refocus our resources,” said Shopee CEO Chris Feng as reported by The Straits Times Singapore.

In line with Shopee, PT HM Sampoerna Tbk (HMSP) also took a similar step, where the company transferred its service component to PT Philip Morris Sampoerna International Service Center (PMSISC), a subsidiary of PT Philip Morris Indonesia. This step was taken by the company to improve its efficiency and focus more on its core businesses.

Read: Beleaguered Garuda’s debt hits Rp142T

This step is important to face an increasingly dynamic business environment by improving employees’ capability and make the company a conducive work environment for learning and professional development. (ydh)

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