downsize

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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 ?
They include: a 2.0-litre diesel engine that has been downsized to 1.2 liters; a 42-volt, 6 kW water-cooled flywheel-mounted integrated starter-alternator; 42 volt ancillaries including the water pump, fans and the heater; a 17-kg, 42-volt NiMH battery; and a control system.
I'd have liked to see more details of downsized life (the actual procedure is shown in harrowing detail), but Payne's larger message is the clash between idealism and good old (i.e.
A downsized four cylinder diesel engine model is then developed from the base engine model with similar torque targets and boundary conditions as defined for the six cylinder engine.
After controlling for industry, they found that Fortune 100 Companies that downsized did not differ financially from those that did not--one and two years before the layoffs were implemented.
By the time store brands are downsized to match the national brand counterparts, shoppers have tended to become accustomed to the new smaller size and more forgiving of the change.
One reason is that such a large relative shift in demand could have also depressed activity in industries other than those that downsized. (35) In that case, the full cost of reallocation should include not only the cost of moving resources from downsizing industries to other industries, but also at least some of the decline in aggregate resource utilization.
Have IT perform remote audits of downsized employees for compliance with electronic recordkeeping protocols.
An executioner (Burke, 1998) is an individual entrusted with carrying out downsizing; a victim is a person downsized out of a job involuntarily (Allen, 1997); while a survivor (Littler, 1998) remains with the firm.
NEC LCD Technologies' new SOG LCD has not only succeeded in the inclusion of a driver circuit and a downsized model, making it suitable for a range of industrial applications, but also in realizing a superior level of picture quality enabling it to meet the demands of mobile devices as well as industrial and professional fields.
QA I am 51 and was recently downsized from my job of 18 years.
So you had an increase in workload, a different job description, and virtually no training because they had downsized that too, so you had to learn by the seat of your pants.--Human Resources Manager