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downsizing

downsizing

23 4.5
Cutting jobs and costs in a company to save money
  • noun
  • /ˈdaʊnˌsaɪzɪŋ/
  • Jargon
: reducción de plantilla
  • In terms of perhaps more aggressive downsizing, I guess this is the first call with investors.
  • corporate downsizing
  • downsizing and restructuring
  • government downsizing

You have agencies that we ought to look at downsizing or, or collapsing or, or, or consolidating because they are redundant.

Examples

  • We hear much about downsizing but relatively little about decentralization, total quality management, and so on.

    Academic text (1995)
  • The company's recent downsizing led to several layoffs and restructuring in various departments.

  • All this talk about downsizing, your job might not be here when you get back.

    Fiction book (1993)
  • I'm, you know, these guys have gone through a downsizing recently.

  • Also, we feel the effect of downsizing, which you characterized very, very well.

    Academic text (1996)
  • Our client's going through a periodic downsizing.

  • Such a finding probably reflects the downsizing that is occurring in this sector of the industry.

    Academic text (1993)
  • The deregulation of markets has meant the downsizing of the state and particularly of its welfare programs.

    Academic text (1999)
  • As you've probably heard, Quincy, the company is going through a downsizing.

  • Meanwhile, efforts to cut back graduate enrollments have been overmatched by relentless downsizing of faculties hit by budget tightening.

    Academic text (1999)

Synonyms

reduction
vsdownsizing
451 3.2

A decrease in size, amount, degree, or price

is the organizational practice to cut company size and costs, often affecting staff
layoff
vsdownsizing
145 2.6

An event when a company ends someone's job because of money problems, not because they did a bad job

is the broader company process aimed at cutting size or costs, often causing this
decrease
vsdownsizing
84 2.2

A drop in amount or number

is this reduction applied to company scale and costs, often via staff cuts
restructuring
vsdownsizing
54 4.2

Changing how a company or system is organized to make it work better

may include staff cuts but primarily focuses on changing structure and roles
reorganization
vsdownsizing
27 3.7

Major changes to how a company or group is set up

often reduces costs or size as one goal rather than being solely structural
cost cutting
vsdownsizing
14 3.0

Steps a company takes to spend less money

covers cutting company size as a way to lower costs, not only budgets
shrinking
vsdownsizing
7 3.2

A decrease in size, amount, or value

is the company practice of cutting size and costs rather than general reduction
shrinkage
vsdownsizing
5 5.1

A decrease in size, amount, or value

applies this shrinking idea to organizations and their costs, often via layoffs
lessening
vsdownsizing
4 3.8

A decrease in amount, size, or strength

applies that general decrease specifically to company costs and staff
diminishment
vsdownsizing
4 6.7

A decrease in size, strength or importance

describes intentional organizational shrinking to save money, not passive decline
curtailment
vsdownsizing
3 7.5

A cut that reduces something or stops it earlier than planned

refers specifically to lowering organizational size or costs, often through staffing changes
step-down
vsdownsizing
3 4.6

A decrease in amount or level, for example moving to a lower job

is the corporate process to shrink organization size and reduce costs
retrenchment
vsdownsizing
  • Formal
2 8.1

A cut in spending by a business or government to save money

targets overall size and costs, not only spending, and often removes posts
cutdown
vsdownsizing
2 4.0

A drop in the number or amount of something

is a planned organizational reduction aimed at financial stability, not general cuts
drawdown
vsdownsizing
  • Specialized
2 6.9

A fall in the value or amount of an investment

refers to lowering company size or costs specifically to improve finances
reduction in force
vsdownsizing
  • Formal
1 5.2

A company cuts many jobs at the same time and lets workers go

focuses on reducing organizational size and costs broadly, often using staff cuts
to smartsizing
vsdownsizing
  • Jargon
8.3

To make a company smaller and more efficient by changing its structure and jobs

is mainly about shrinking size or costs, not only efficiency improvements

Antonyms

∞ 1.6

An increase in size, number, or importance of something

241 3.3

An increase in size, amount, or range

How Large

closure
46 4.7
layoff
145 2.6
downsizing
  • Jargon
23 4.5
cost cutting
14 3.0
restructuring
54 4.2

Surface Forms

downsizing singular
downsizings plural

Morphology

downsizing = downsize (semi-transparent) = down + size + ing

Formed from 'down' + 'size' with '-ing', but the business sense of cutting jobs is a specialized/metaphorical extension rather than a purely literal 'make smaller'.

Etymology

Downsizing comes from down ('smaller') and size ('how big something is'), so it means making a company smaller, often by cutting jobs to reduce costs.