Rationalization

/ˌræʃnələˈzeɪʃn/
Definition 1 of 3
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Business Context

Used to describe strategies that make companies work better.

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After the merger, a rationalization of the two companies' roles was necessary.
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Not Always Positive

It can imply job losses when companies aim to cut costs.

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The workers feared rationalization would lead to layoffs.
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Overarching Changes

Refers to comprehensive and large-scale changes in an organization.

Illustration for Overarching Changes
The CEO announced a complete rationalization of the operational processes.
Visual representation of the word "Rationalization"

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