diff --git a/apiserver/plane/db/migrations/0035_auto_20230704_2225.py b/apiserver/plane/db/migrations/0035_auto_20230704_2225.py
new file mode 100644
index 000000000..dec6265e6
--- /dev/null
+++ b/apiserver/plane/db/migrations/0035_auto_20230704_2225.py
@@ -0,0 +1,42 @@
+# Generated by Django 3.2.19 on 2023-07-04 16:55
+
+from django.db import migrations, models
+
+
+def update_company_organization_size(apps, schema_editor):
+    Model = apps.get_model("db", "Workspace")
+    updated_size = []
+    for obj in Model.objects.all():
+        obj.organization_size = str(obj.company_size)
+        updated_size.append(obj)
+
+    Model.objects.bulk_update(updated_size, ["organization_size"], batch_size=100)
+
+
+class Migration(migrations.Migration):
+    dependencies = [
+        ("db", "0034_auto_20230628_1046"),
+    ]
+
+    operations = [
+        migrations.AddField(
+            model_name="workspace",
+            name="organization_size",
+            field=models.CharField(default="2-10", max_length=20),
+        ),
+        migrations.RunPython(update_company_organization_size),
+        migrations.AlterField(
+            model_name="workspace",
+            name="name",
+            field=models.CharField(max_length=80, verbose_name="Workspace Name"),
+        ),
+        migrations.AlterField(
+            model_name="workspace",
+            name="slug",
+            field=models.SlugField(max_length=48, unique=True),
+        ),
+        migrations.RemoveField(
+            model_name="workspace",
+            name="company_size",
+        ),
+    ]
diff --git a/apiserver/plane/db/migrations/0036_alter_workspace_organization_size.py b/apiserver/plane/db/migrations/0036_alter_workspace_organization_size.py
new file mode 100644
index 000000000..0b182f50b
--- /dev/null
+++ b/apiserver/plane/db/migrations/0036_alter_workspace_organization_size.py
@@ -0,0 +1,18 @@
+# Generated by Django 3.2.19 on 2023-07-05 07:59
+
+from django.db import migrations, models
+
+
+class Migration(migrations.Migration):
+
+    dependencies = [
+        ('db', '0035_auto_20230704_2225'),
+    ]
+
+    operations = [
+        migrations.AlterField(
+            model_name='workspace',
+            name='organization_size',
+            field=models.CharField(max_length=20),
+        ),
+    ]
diff --git a/apiserver/plane/db/models/workspace.py b/apiserver/plane/db/models/workspace.py
index f071bac2a..9b9fbb68c 100644
--- a/apiserver/plane/db/models/workspace.py
+++ b/apiserver/plane/db/models/workspace.py
@@ -23,7 +23,7 @@ class Workspace(BaseModel):
         related_name="owner_workspace",
     )
     slug = models.SlugField(max_length=48, db_index=True, unique=True)
-    company_size = models.PositiveIntegerField(default=10)
+    organization_size = models.CharField(max_length=20)
 
     def __str__(self):
         """Return name of the Workspace"""