downsize


Also found in: Dictionary, Thesaurus, Acronyms, Encyclopedia, Wikipedia.

Downsize

To reduce the size of a company. A company downsizes when its operations are perceived to become inefficient and it wishes to concentrate on certain competencies in order to improve profitability and reduce expenses. Downsizing often reduces the number of jobs at the company. Because downsizing reduces expenses, it often increases the company's value and/or dividends for shareholders.

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.
References in periodicals archive ?
The process needs to be owned by one of the members of the overall strategy planning team, in order to give the downsize credibility.
In contrast, when top management considers what is the appropriate number of employees required to perform effectively, they are likely to downsize more responsibly (Cascio, 1998; Morris et al., 1999).
Rather than make hasty downsizing decisions, Fleet followed a methodical, complicated, and lengthy process to decide how and where to downsize. This process seems to have paid dividends--projected savings of almost $300 million annually by reducing waste and redundant positions.
Consequently, identifying underutilized resources is crucial for assessing the need to downsize as well as subsequent decisions of what and how to downsize.
The new EWE Downsize has a length of 26 mm and an outer diameter of 19.6 mm, Big Kaiser writes in its press release.
When elderly parents downsize or pass away their children are left with a house full of possessions they don't know what to do with.
Additional studies on these downsizing strategies among other levels of governments (e.g., city governments) will enhance our understanding of the effectiveness of these downsize strategies.
The Safraneks decide to downsize but during transition surgery, Audrey gets cold feet and Paul becomes a heartbroken bachelor in the tiny community of Leisureland.
In the effort to downsize the off-road engine, multiple challenges were encountered.
The idea is to downsize to a smaller home when they retire and free up some cash, according to the report, written by former pensions minister Steve Webb, who is now director of policy at Royal London.
Some want to 'downsize' but have unrealistic expectations - after all its hard to give up our high expat standards that we have become accustomed to!
London: Detached home owners in Scotland looking to downsize could be in line for a potential windfall of over PS100,000 if they trade down to a semi-detached property, according to the latest research from Bank of Scotland.