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to downsize
01
(of an organization or company) to reduce the number of employees, often as a means of cutting costs or increasing efficiency
Example
The company had to downsize its workforce due to financial difficulties, resulting in layoffs and restructuring.
After the merger, the new management decided to downsize several departments to eliminate redundancy and improve profitability.
The manufacturing plant downsized its operations in response to declining demand for its products in the market.
02
design or manufacture in a smaller size
03
dismiss from work
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