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downsizing

[ doun-sahy-zing ]
/ ˈdaʊnˌsaɪ zɪŋ /
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See synonyms for: downsizing / downsizings on Thesaurus.com

noun
the act or process of reducing the number of something, such as employees or participants, usually as a cost-cutting measure: The company’s downsizing eliminated approximately 39% of all executive positions.
the act or process of replacing something larger with something smaller, such as moving into a smaller house:With the housing market in shambles, it would be difficult to sell our house, so downsizing is not really an option right now.
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The rainy weather could not ________ my elated spirits on my graduation day.
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Origin of downsizing

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

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