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Definition of downsizing noun from the Oxford Advanced Learner's Dictionary

downsizing

noun
 
/ˈdaʊnsaɪzɪŋ/
 
/ˈdaʊnsaɪzɪŋ/
[uncountable]
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  1. (business) the act of reducing the number of people who work in a company, business, etc. in order to reduce costsTopics Businessc2
  2. the act of moving to a smaller home
    • Thinking about downsizing? We can help find the right property for you.

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