downsize
verbNAmE//ˈdaʊnsaɪz//
[intransitive, transitive] downsize (something) (business)Verb Forms present simple I / you / we / they downsize he / she / it downsizes
past simple downsized
-ing form downsizing
- slash
- cut something back
- scale something back
- streamline
- downsize
- cut to reduce something, especially an amount of money that is demanded, spent, earned, etc. or the size of a business:The President has promised to cut taxes significantly. Most small business owners work hard to cut costs. His salary has been cut by ten percent. Could you cut your essay from 5,000 to 3,000 words?
- slash [often passive] (somewhat informal) (often used in newspapers) to reduce something by a large amount:Prices have been slashed in the clearance sale.
- cut something back/cut back on something to reduce something, especially an amount of money or business:We had to cut back on production.
- scale something back (especially business) to reduce something, especially an amount of money or business:The IMF has scaled back its growth forecasts for the next decade.
- streamline (business) to make changes to a business or system, in order to make it more efficient, especially by spending less money.
- downsize (business) to make a company or organization smaller by reducing the number of jobs in it, in order to reduce costs. Downsize is often used by people who want to avoid saying more obvious words like “fire” or “lay off” because they sound too negative.
- to cut/slash/cut back on/scale back/streamline production
- to cut/slash/cut back on/scale back spending
- to cut/slash/cut back on jobs
- to cut/slash/downsize the workforce
- to cut/slash prices/taxes/the budget/the cost of something
- to cut something/slash something/cut something back drastically
noun [uncountable] compare delayeringSee downsize in the Oxford Advanced Learner's Dictionary
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