downsize

down·size /ˈdaʊnsaɪz/ verb [intransitiveI, transitiveT]

BBBEif a company or organization downsizes, it reduces the number of people it employs in order to reduce costs 〔公司、机构为缩减开支而〕裁（员），紧缩（编制）

The airline has downsized its workforce by 30%.

这家航空公司裁员30%。

► see thesaurus at reduce

—downsizing noun [uncountableU]

Examples from the Corpus

downsize• And the overall quality of care remains vulnerable to health industry cost-cutting and downsizing.• Feds, in recent years, have learned about downsizing.• Another year, another downsizing, and this time a monster.• The boxes are clearly aimed at data intensive applications downsizing from mainframes.• Some argue that downsizing is dissolving the glue that has traditionally held companies together, and without which they may never flourish.• For devotees of downsizing, the signs are that this could be a vintage year.

From Longman Business Dictionary

downsizedown·size /ˈdaʊnsaɪz/ verb

1[intransitiveI, transitiveT]HUMAN RESOURCES if a company downsizes, it reduces the number of employees and levels of management that it has

If your company downsizes and you are over 50, your working life may be over.

We have cut expenses and downsized our operations so that we will be in a position to capitalize on a gradually improving market.

2[transitiveT] to make something smaller

This software is the perfect tool for resizing or downsizing pictures from a digital camera.

—downsized adjectiveadj

Many downsized banks have seen their customers’ satisfaction plummet.

Turbo-charging a downsized engine delivers power that is equivalent to a larger system.

→ see also restructure