downsizing


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Related to downsizing: outsourcing, Rightsizing

down·size

 (doun′sīz′)
v. down·sized, down·siz·ing, down·siz·es
v.tr.
1. To reduce in number or size: a corporation that downsized its personnel in response to a poor economy.
2. To dismiss or lay off from work: workers who were downsized during the recession.
3. To make in a smaller size: cars that were downsized during an era of high gasoline prices.
4. To simplify (one's life, for instance), as by reducing the number of one's possessions.
v.intr.
1. To become smaller in size by reductions in personnel or assets: Corporations continued to downsize after the economy recovered.
2. To live in a simpler way, especially by moving into a smaller residence.

downsizing

(ˈdaʊnˌsaɪzɪŋ)
n
1. (Commerce) a reduction of the number of people that a company employs
2. (Commerce) a reduction in size
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.downsizing - the reduction of expenditures in order to become financially stable
saving, economy - an act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents"
Translations

downsizing

[ˈdaʊnsaɪzɪŋ] n [company, industry] → dégraissage mDown's syndrome Down's [ˈdaʊnz]
n (= condition) → trisomie f
modif [baby, child] → trisomique; [foetus] → trisomique
References in periodicals archive ?
Organizational downsizing has become one of the most popular managerial strategies emphasized in recent governmental reforms.
DOWNSIZING (15) HHH HH QUIRKY comedy drama set in the near future, when socially conscious citizens undergo cellular reduction to shrink their bodies and live in micro-communities, which are less of a drain on the Earth's resources.
com)-- The downsizing process can be complicated and stressful.
MILLIONS of people who are pinning their hopes on funding their retirement by moving into a smaller property risk their downsizing dream becoming a nightmare, a report warns.
The potential amount that can be raised by downsizing from a detached property to a bungalow has risen by 14%, or GBP8,365, over the past decade.
RECENT survey figures from Lloyds Bank show almost a third of people are considering downsizing earlier than they expected to.
Downsizing within this context can be construed as a sign of organizational weakness.
Downsizing has, thus, become a normal practice in many countries (Datta, Guthrie, Basuil, & Pandey, 2010) and resulted in the loss of more than 6.
Organizational downsizing becomes inevitable sometimes, for efficiency improvement, productivity enhancement or cost reduction.
The CEO of Bank of America Corp (NYSE: BAC) has said that the bank has completed downsizing its investment bank.
The widespread implementation of downsizing and its repercussions at company level and the national (or even global) economy make it a topic of major relevance for study.
Downsizing is "the planned elimination of positions or jobs" (Cascio, 1993, p.