slim down

British  

verb

1. to make or become slim, esp intentionally

2. to make (an organization) more efficient or (of an organization) to become more efficient, esp by cutting staff

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noun

1. an instance of an organization slimming down

Example Sentences

Consumer goods conglomerates have been trying to slim down their operations as they struggle to deal with stubborn inflation and slow growth.

From Barron's

Other consumer-goods groups have also slimmed down or sharpened their focus in recent years.

From The Wall Street Journal

She’d slimmed down and shot up and started worrying about clothes.

From Literature

Red Lobster’s chief executive said the chain still needs to slim down to help move past its stint in bankruptcy two years ago.

From The Wall Street Journal

Many companies are slimming down portfolios, restructuring operations, and investing more in healthier, innovative products.

From Barron's