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The Collaborative International Dictionary
downsizing

downsizing \downsizing\ n. (Economics) the reduction of expeditures and personnel in order to become financial stable; -- of businesses.

Syn: retrenchment, curtailment.

Wiktionary
downsizing

n. 1 An act in which a company downsizes or is downsized 2 miniaturization 3 (context automotive English) Reducing engine's capacity at same power or increasing engine's power without increasing capacity vb. (present participle of downsize English)

WordNet
downsizing

n. the reduction of expenditures in order to become financial stable [syn: retrenchment, curtailment]

Wikipedia
Downsizing (2017 film)

Downsizing is an upcoming 2017 American science fiction comedy-drama film written and directed by Alexander Payne and co-written by Jim Taylor. The film stars Matt Damon, Kristen Wiig, Christoph Waltz, Alec Baldwin, Neil Patrick Harris, and Jason Sudeikis. Principal photography on the film began on April 1, 2016 in Ontario, Canada.

Usage examples of "downsizing".

Two years ago, they announced they were downsizing the company and told me I was being laid off.

In Michigan alone, the birthplace of downsizing, there are over fifty militia groups, the most in the country.

As a member of that minority of Americans who are unarmed, I have to find another way to combat the downsizing tide that seems to be rising against us.

It is no coincidence that the number one employer in Mexico today is our number one downsizing leader, General Motors.

But what if the rumors were true, and a real downsizing were beginning?

Every day the newspapers reported more downsizing, thousands of men in mid life losing the jobs that once seemed so secure, so permanent.

All you have to do to be a good liberal is to say yes to everything, except cutting spending and downsizing government.

Cheney says that with the end of the Cold War and the pressures to cut spending because of the enormity of the federal debt, we are downsizing our military to an alarming level.

In addition to downsizing our military, we seem also, under the Clinton administration, to be rudderless in matters of foreign policy.

Or downsizing may be undertaken as a more or less routine way of pleasing the shareholders, who, thanks to stock options, now include the top-level managers.

But the events of the last few years, with the addition of the LANTIRN and the shortage of strike aircraft due to downsizing, had forced the Tomcat community to take a lead role in strike warfare.

Towneites had started to call the area after a long bad summer for corporate downsizing and selling real estate.

McManis was actually one more middle-aged expendable cut adrift in another of the ruthless corporate downsizings familiar to recession America.