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downsize
(redirected from downsizes)

    Also found in: Dictionary/thesaurus 0.01 sec.
Downsize
Reducing the size of a company by eliminating workers and/or divisions within the company.

Notes:
When a company downsizes, it is attempting to find ways to improve efficiency and increase profitability.

It is sometimes referred to as trimming the fat.

downsize
To reduce the size of a company, often by eliminating one or more divisions. Management may decide to downsize a firm in order to improve efficiency and to increase the returns to shareholders. Downsizing can cause a firm to grow smaller and more valuable at the same time.


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WITH BIG BUSINESS CAST AS A VILLAIN AS IT DOWNSIZES THE WORK FORCE AND TRIES TO BECOME MORE EFFICIENT, CEOS MAKE THE CASE FOR A NEW SOCIAL CONTRACT BETWEEN EMPLOYERS AND WORKERS - AND THE ECONOMIC AND SOCIAL COSTS OF FAILING TO DO SO.
Society's re-engineered future by McCarthy, Joseph L. / Chief Executive (U.S.)
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