downsizing Meaning, Definition & Usage
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noun the reduction of expenditures in order to become financially stable
retrenchment; curtailment.
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verb dismiss from work
downsize.
- three secretaries were downsized during the financial crisis
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verb make in a smaller size
downsize.
- the car makers downsized the SUVs when fuel became very expensive
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verb reduce in size or number
downsize.
- the company downsized its research staff