Synonyms of downsizing

Noun

1. retrenchment, curtailment, downsizing, economy, saving

usage: the reduction of expenditures in order to become financially stable

Verb

1. downsize, furlough, lay off

usage: dismiss from work; "three secretaries were downsized during the financial crisis"

2. downsize, shrink, reduce

usage: make in a smaller size; "the car makers downsized the SUVs when fuel became very expensive"

3. downsize, reduce, cut down, cut back, trim, trim down, trim back, cut, bring down

usage: reduce in size or number; "the company downsized its research staff"