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downsizing
[ doun-sahy-zing ]
noun
- the act or process of reducing the number of something, such as employees or participants, usually as a cost-cutting measure:
The company’s downsizing eliminated approximately 39% of all executive positions.
- the act or process of replacing something larger with something smaller, such as moving into a smaller house:
With the housing market in shambles, it would be difficult to sell our house, so downsizing is not really an option right now.
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Word History and Origins
Origin of downsizing1
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Example Sentences
For his tireless assault on evolutionary biology and downsizing the deity to fit within science, I give Meyer second place.
Journalists are leaving Kabul, embassies are downsizing, and donors are quietly and drastically scaling back.
Jacob Siegel on why the move may be more about downsizing than about visible ink.
Financial firms are downsizing, and employees with ASDs have special needs.
As a CEO, he was better known for downsizing purchased companies, than for new hiring.
They have managed the dramatic downsizing of our forces after the cold war with remarkable skill and spirit.
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