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downsizing

Definition 1

Computing: Adapting mainframe computer based software to a desktop or personal computer (PC) based architecture, without too many compromises in system integrity, security, and control.

Definition 2

Management: Intentional reduction in the size of a workforce at all staffing levels, to survive a downturn, improve efficiencies, or become a more attractive candidate for acquisition or merger. Used often as a euphemism for indiscriminately firing the employees. See also rationalization.

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