What does downsizing mean?

Definitions for downsizing
down·siz·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word downsizing.

Princeton's WordNet

  1. retrenchment, curtailment, downsizingnoun

    the reduction of expenditures in order to become financially stable

Wiktionary

  1. downsizingnoun

    An act in which a company downsizes or is downsized

    He lost his job in the last downsizing.

  2. downsizingnoun

    miniaturization

  3. downsizingnoun

    Reducing engine's capacity at same power or increasing engine's power without increasing capacity

    Downsizing is one of the leading trends in automotive engine design.

ChatGPT

  1. downsizing

    Downsizing is a strategic reduction of a company's workforce to improve efficiency, reduce costs, or become more competitive. It may also involve the method of reducing the size or number of operations, such as closing facilities, selling off assets or eliminating products or services. Downsizing is generally carried out by layoffs or retirements, and less frequently by attrition. The main goal is to streamline the organization, making it leaner, more efficient and more economically viable.

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Numerology

  1. Chaldean Numerology

    The numerical value of downsizing in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of downsizing in Pythagorean Numerology is: 5

Examples of downsizing in a Sentence

  1. Reshma Saujani:

    Many women are downsizing their hours, they’re quitting their jobs in entirety and going on food stamps or moving in with their parents or taking on the night shift, it is causing huge economic consequences for women.

  2. Barack Obama:

    A lot of what drives bad race relations is scarcity in the working-class populations, we have all of these looming questions with globalization and downsizing. These are underlying structural problems.

  3. Robert Frick:

    High prices not only slow sales, but they make downsizing difficult for many older Americans who were looking forward to making a big profit on the sale of their existing home and moving into a cheaper, downsized home, high housing prices have spread to many more cities around the country, and that's making downsizing to a smaller home not the financial slam-dunk it was even a couple years ago.

  4. Edgar Dworsky:

    Downsizing happens during times of high inflation because companies that make everyday products are also paying more for raw materials, production and delivery costs.

  5. Robert Frick:

    Bringing supply and demand into a better balance is still months away, and perhaps several years away, due to high prices and a reluctance to move by some homeowners due to Covid 19, high prices not only slow sales, but they make downsizing difficult for many older Americans who were looking forward to making a big profit on the sale of their existing home and moving into a cheaper, downsized home.

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downsizing#10000#36633#100000

Translations for downsizing

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"downsizing." Definitions.net. STANDS4 LLC, 2024. Web. 23 Nov. 2024. <https://www.definitions.net/definition/downsizing>.

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