English version

downsize in Business basics topic

From Longman Dictionary of Contemporary Englishdownsizedown‧size /ˈdaʊnsaɪz/ verb [intransitive, transitive]  BBBEif a company or organization downsizes, it reduces the number of people it employs in order to reduce costs The airline has downsized its workforce by 30%.see thesaurus at reducedownsizing noun [uncountable]→ See Verb table
Examples from the Corpus
downsizeAnd the overall quality of care remains vulnerable to health industry cost-cutting and downsizing.Feds, in recent years, have learned about downsizing.Another year, another downsizing, and this time a monster.The boxes are clearly aimed at data intensive applications downsizing from mainframes.Some argue that downsizing is dissolving the glue that has traditionally held companies together, and without which they may never flourish.For devotees of downsizing, the signs are that this could be a vintage year.