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Downsizing   Listen
noun
downsizing  n.  (Economics) The reduction of expeditures and personnel in order to become financial stable; of businesses.
Synonyms: retrenchment, curtailment.






Collaborative International Dictionary of English 0.48








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"Downsizing" Quotes from Famous Books



... tourism sector. About 60% of the labor force works for the private sector and the rest for government. Most food and industrial goods are imported, with about 75% from the US. Guam faces the problem of building up the civilian economic sector to offset the impact of military downsizing. ...
— The 1995 CIA World Factbook • United States Central Intelligence Agency



Words linked to "Downsizing" :   economy, retrenchment



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