Book definition of downsizing means

Heres a list of opposite words from our thesaurus that you can use instead. In turn, this means a reduction on the number of line employees, shift managers, and plant directors as two or more operations are restructured to operate out of one facility. Items can be sentimental or there can be some other important meaning to them, says david mischoulon, director of the depression clinical research program at massachusetts general hospital. A downsize refers to reducing the size of a company by eliminating workers andor divisions within the company. Downsizing definition, to design or manufacture a smaller version or type of.

The downside of organizational downsizing is that it frequently relies on worker layoffs, salary and bonus reductions, and loss of amenities and perks for remaining workers. It also slows down the downsizing and upsizing needed if the housing market is to work. If not prepared and carried out properly, downsizing can have unpleasant repercussions for a business. This is corporate slang for sacking workers, used to avoid actually admitting that this is what youre doing. I ordered all of them on amazon and did nothing other than post a photo of them to my instagram. Proper usage and audio pronunciation plus ipa phonetic transcription of the word downsizing. Information and translations of downsizing in the most comprehensive dictionary definitions resource on the web. Downsizing may involve selling or restructuring one or two subsidiaries or functional units of a business. What is the difference between rightsizing and downsizing. The moon is at the forefront of our minds as we celebrate the 50th anniversary of neil armstrongs small step on 20th july, 1969. Downsize definition and meaning collins english dictionary. Definition of downsizing what does the term downsizing mean. Downsizing and dismantling a home filled with possessions from the past 20 or 30 years can be emotionally difficult, experts say. There is usually some organization restructuring involved with downsizing.

Downsize meaning in the cambridge english dictionary. This month, weve been exploring lunar terminology, as well as looking at how the moon has woven itself into the fabric of our everyday language. Downsizing definition and meaning collins english dictionary. Typically, the term rightsizing is used more by the people doing the cutting of jobs and downsizing is used by. The process of a corporation reorganizing or restructuring their business by costcutting, reduction of workforce, or reorganizing upperlevel management. Downsize definition of downsize by the free dictionary. Downsizing definition of downsizing by the free dictionary. Organizational downsizing is a move by a business to reduce costs and resourceuse due to declining profits, reorganization of corporate structure, or a change in company operations. The term rightsizing is often used by companies instead of downsizing because it sounds less drastic.

In a lot of ways, theres no real difference between rightsizing and downsizing. Finally, you need to make a plan for your money and for your life if you want to downsize. This article discusses some strategies that can be followed when organizations downsize employees. Downsizing description the full technique overview is available for free. Dictionary grammar blog school scrabble thesaurus translator quiz more resources more from collins. The management dictionary covers over 7000 business concepts from 6 categories.

Looking for online definition of downsize or what downsize stands for. While downsizing may seem like the natural next step in life once your kids have moved out and youre eager to have less space to keep clean, that doesnt necessarily mean its going to be a financially viable decision before you decide to start your search for a smaller place in the same locale, make sure you know the historical trends in the real estate marketif things. The company felt that rightsizing was necessary after. Joe and edna moved to a bungalow after deciding to downsize when the children had left home. Paul safranek matt damon is our hero, who decides to go small along with his wife audrey kristen wiig only for audrey to drop out, leaving him five inches tall and alone.

To downsize something such as a business or industry means to make it smaller. The downsizing definition may also encompass the closing of plants and facilities where. Downsize dictionary definition downsize defined yourdictionary. Adapting mainframe computer based software to a desktop or personal computer pc based architecture, without too many compromises in system integrity, security, and control. Definition of downsized from the collins english dictionary. Downsizing, in general, refers to the reduction of work for certain organization. For employees, downsizing is considered as a management weapon to enforce greater control over the workforce. But in conclusion, most researches have defined downsizing as any reduction in the size of the organization e.

Downsizing is the permanent reduction of a companys labor force through the elimination of unproductive workers or divisions. Browse the definition and meaning of more terms similar to downsizing. Desertification definition, the processes by which an area becomes a desert. The automotive industry downsized its cars for improved fuel economy. Downsize synonyms, downsize antonyms merriamwebster. So if you are trying to avoid spending as you downsize, technology might not be the way to go. As you may have guessed, downsizing occurs when you shrink the size of something. Downsizing refers to the process of reducing the size of workforce by terminating the employment of employees. It is a very common measure that businesses enforce during times of. Mass layoff is defined by the united states department of labor as 50 or more workers laid off from the same company around the same time.

Whether you are selling your family home, blending households into a new home, or cleaning out your aging parents home, sorting through a lifetimes worth of accumulated possessions can be a daunting and stressful experience. Attrition implies that positions will be eliminated as workers quit or retire. Downsizing often takes place as part of a larger restructuring program at a company. Downsizing is a strategy designed to reduce the number of employees in the workforce, often with the aim of improving organisational performance and selectively decreasing costs sheaffer et al.

Definition of upsizing from the collins english dictionary. Home downsizing means different things to different people. In a business enterprise, downsizing is reducing the number of employees on the operating payroll. To management, it is a strategic measure to bring optimized operation efficiency and productivity. If only it had stayed at cynical satire but in fact the second half, set in a newlytrendy microcommunity, it turns political in a way that doesnt really have much to do with downsizing.

Some users distinguish downsizing from a layoff, with downsizing intended to be a permanent downscaling and a layoff intended to be a temporary downscaling in which employees may later be rehired. While corporate downsizing is usually viewed as a negative situation, that is not always the case. Rightsizing meaning in the cambridge english dictionary. Downsized definition and meaning collins english dictionary. Information about downsizing in the dictionary, synonyms and antonyms. We were downsizing our company and thought that would help because things had gotten out of control over the last few months. T here was a time when alexander payne was, as far as the critical majority was concerned, close to unassailable in the ranks of modern american auteurs. I was all set to write about black panther, a superior comic book blockbuster in an excellent week for new releases but then characters started arguing about a madeup metal called vibranium and i knew i should write about downsizing, a film about the state of the real world today. Downscoping, on the other hand, involves restructuring or selling off units that are less related to the main business, but without layoffs or work force reductions. Whether youre a student, an educator, or a lifelong learner, can put you on the path to systematic vocabulary improvement. Downsizing a companys reduction in the number of employees, number of bureaucratic levels, and overall size in an attempt to increase efficiency and profitability. Hal hudson owns a hot dog stand, known as hals hot dogs, which serves customers inside the pelicans baseball stadium in palm beach, florida. Downsizing article about downsizing by the free dictionary.

Say goodbye to clutter, reduce stress, and live simply with this easytouse guide to downsizing. Downsizing is common in a recessionary situation where downsizing helps to cut costs. As it applies to the world of business, downsizing occurs when a business cuts jobs in an attempt to lower their expenses. A company downsizes when its operations are perceived to become inefficient and it wishes to concentrate on certain competencies in order to improve. Opposite of to decrease in size, especially of a workforce. The ultimate objective of home downsizing for many is to increase the operating efficiency in your life, thereby giving you more money, with less work, and more time to do the things that you want to do. Firms must therefore determine whether the benefits outweigh the disadvantages in the long haul appelbaum and donia, 2000. Downsizing is a common organizational practice, usually associated with economic downturns and failing businesses. Downsizing in a company is defined to involve the reduction of employees in a workforce. Today, the term layoff can mean either the temporary suspension or permanent termination of a job. Downsizing premiered at the 74th venice international film festival on august 30, 2017, and was theatrically released in the united states by paramount pictures on december 22, 2017. Although the first definition of downsizing in the merriamwebster dictionary is to reduce in size, in the world of business the term refers to the termination of employees from a company because their positions are no longer needed.