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Downsizing

usgb/ˈdaʊnsaɪzɪŋ/Volume
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Negative EmotionPlay
Often suggests job loss and discomfort, used in formal and business contexts. SlideEmployees feared downsizing after the merger news.
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Euphemistic UsePlay
Sometimes a euphemism for firing people to soften the impact. SlideThe management spoke of downsizing, but we knew it meant layoffs.
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Business StrategyPlay
Can imply a strategic move for efficiency, not just cutbacks. SlideThe downsizing was part of a long-term profitability plan.