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was demobilizing

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The 3.4% decline in 2020 was still the biggest annual decline for GDP since an 11.6% drop in 1946 when the country was demobilizing after World War II.

From Seattle Times Jul. 29, 2021

If the Red Army was demobilizing, the Red press was not.

From Time Magazine Archive

Next day, the Times's chief military analyst Hanson Weightman Baldwin mildly pooh-poohed such rumors, declared that the Red Army was demobilizing.

From Time Magazine Archive

The fact that one of the parties concerned was demobilizing its forces would not change the situation.

From The Story of the Great War, Volume VII (of VIII) American Food and Ships; Palestine; Italy invaded; Great German Offensive; Americans in Picardy; Americans on the Marne; Foch's Counteroffensive. by Various