Downsizing (noun) Definition, Meaning & Examples

noun
  1. the act or process of reducing the number of something, such as employees or participants, usually as a cost-cutting measure: The company’s downsizing eliminated approximately 39% of all executive positions.
  2. the act or process of replacing something larger with something smaller, such as moving into a smaller house:With the housing market in shambles, it would be difficult to sell our house, so downsizing is not really an option right now.
Downsizing (noun) Definition, Meaning & Examples

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