Downsizing - definition, pronunciation, transcription
Amer.
|ˈdaʊnˌsaɪzɪŋ|
Brit.
|ˈdaʊnsaɪzɪŋ|
noun
- the reduction of expenditures in order to become financially stable (syn: curtailment, retrenchment)
Extra examples
Contrary to popular myths, downsizing does not necessarily make companies more profitable, more productive, or even smaller.
...according to scuttlebutt in the financial markets, the company will be downsizing soon...
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