Downsizing Meaning
Downsizing refers to the process of reducing the size, scale, or number of employees or resources within an organization. Typically, it involves cutting costs by eliminating jobs, departments, or operations. It is often done to improve efficiency, reduce expenses, or respond to economic pressures, but it can also lead to job losses and affect company morale.
Synonyms for Downsizing
Reducing
Streamlining
Cutting back
Shrinking
Scaling down
Right-sizing
Contraction
Retrenchment
Diminishing
Economizing
Antonyms for Downsizing
Expanding
Growing
Increasing
Scaling up
Hiring
Building
Augmenting
Enlarging
Strengthening
Amplifying
Short Sentence Examples for Downsizing
The company began downsizing to cope with the financial crisis.
Downsizing led to a significant reduction in the workforce.
Many employees were affected by the company’s downsizing efforts.
The corporation decided to downsize in order to cut operational costs.
Downsizing can be a difficult decision, but it’s sometimes necessary for survival.
