Want to say downsizing differently? Here are other words for downsizing and its similar synonyms and opposite words to say in unique way.
Meaning of downsizing
The act of reducing something, especially the size of a company or organization, in order to make it more efficient or to save money.
Etymology of downsizing
The word "downsizing" originated in the mid-20th century, derived from the phrase "down size," which means to reduce the size of something.
The term gained popularity in the 1980s, particularly in the context of business and management, to describe the process of reducing the size of a company or organization to improve efficiency and cut costs.
Synonyms
downsizing
reduction
cutback
retrenchment
contraction
diminution
decrease
curtailment
slashing
trimming
pruning
streamlining
restructuring
reorganization
rationalization
consolidation
compression
shrinkage
abridgment
diminishment
lessening
scaling back
tapering off
winding down
letting go
laying off
firing
dismissing
sacking
axing
cutting loose
Definitions
- The act of reducing the size of a company or organization, typically by dismissing employees or cutting costs.
- * The process of becoming or making something smaller in size, amount, or degree.
Usage Examples
- The company is undergoing downsizing due to financial difficulties.
- * The new management decided to downsize the staff to reduce operational costs.
- * The factory had to downsize its production line due to a decrease in demand.
Antonyms
expansion
growth
increase
augmentation
enlargement
amplification
enhancement
escalation
intensification
magnification
proliferation
strengthening
upgrading
upscaling
boost
buildup
development
enlargement
extension
improvement
increment
reinforcement