downsizing

Definitions (2)
Related Terms
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.
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.

Use 'downsizing' in a Sentence

The implementation of our new manufacturing equipment, along with the new software programs in place we will be downsizing our annual salary overhead by 35%.
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We were downsizing our company and thought that would help because things had gotten out of control over the last few months.
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The company has been in a constant state of downsizing this year, and has laid off over thirty percent of its workforce with threats of further firings on the horizon.
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