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Downsizing   /dˈaʊnsˌaɪzɪŋ/   Listen
noun
downsizing  n.  (Economics) The reduction of expeditures and personnel in order to become financial stable; of businesses.
Synonyms: retrenchment, curtailment.






Collaborative International Dictionary of English 0.48








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"Downsizing" Quotes from Famous Books



... Bulgarian Ministry of Defense has begun a new downsizing, modernization, and reform program (PLAN 2004) that will result in the adoption of a smaller force structure of around 50,000 personnel, based upon a Rapid Reaction Force and two additional corps headquarters, all ...
— The 2000 CIA World Factbook • United States. Central Intelligence Agency.



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