1. downsizing - Noun
2. downsizing - Verb
the reduction of expenditures in order to become financially stable
Source: WordNetBut the number of U.S. workers filing for unemployment is still extraordinarily high by historical standards, and that suggests businesses are failing or permanently downsizing, not just laying off people until the crisis can pass, economists warn. Source: Internet
Consequently, while General Motors and Ford were quick to begin downsizing their largest cars, Chrysler (and Dodge) moved more slowly out of necessity. Source: Internet
As part of the army downsizing, the operational structure of 19 military zones and three strategic brigades are being recast as several military zones are eliminated and their area of operations absorbed by others. Source: Internet
Agencies' relationships with their brand clients have been under pressure for years as workloads have increased and fees have been reduced, leading to downsizing and more work for junior employees. Source: Internet
“If Saddam wanted to seize Khuzestan and Khorramshahr, and even in his own words, at least Arvand Rud from Iranians, today Trump is targeting the defeat of the national identity of Iranian society by fragmenting and downsizing Iran,” he added. Source: Internet
Florida is home to many people who found themselves without a job recently due to downsizing of larger companies. Source: Internet