Downscaling: meaning, definitions and examples
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downscaling
[ ˈdaʊnˌskeɪlɪŋ ]
business strategy
Downscaling refers to the process of reducing the size or scale of an organization's operations. This can involve laying off employees, decreasing production, or selling off assets to improve financial performance. It is typically undertaken during periods of economic downturn or when a company needs to improve efficiency.
Synonyms
cutback, downsizing, reduction
Examples of usage
- The company announced a downscaling of its workforce due to declining sales.
- Downscaling operations helped the firm reduce overhead costs significantly.
- Following the merger, downscaling was necessary to eliminate redundancies.
business operations
To downscale means to make something smaller or to reduce its size or number. In a business context, it often refers to reducing workforce or production capacity to match decreased demand or financial constraints.
Synonyms
Examples of usage
- The company decided to downscale its operations to adapt to the market changes.
- In response to budget cuts, they had to downscale their project plans.
- He suggested that we downscale our expectations for this quarter.
Translations
Translations of the word "downscaling" in other languages:
🇵🇹 redução
🇮🇳 कम करना
🇩🇪 Verkleinerung
🇮🇩 penurunan
🇺🇦 зменшення
🇵🇱 zmniejszenie
🇯🇵 ダウンサイジング
🇫🇷 réduction
🇪🇸 reducción
🇹🇷 küçültme
🇰🇷 축소
🇸🇦 خفض
🇨🇿 zmenšení
🇸🇰 zmenšenie
🇨🇳 缩小
🇸🇮 zmanjšanje
🇮🇸 niðurganga
🇰🇿 азайту
🇬🇪 დამცვა
🇦🇿 azaltma
🇲🇽 reducción
Etymology
The term 'downscaling' emerged in the late 20th century, particularly in the context of business and economics. It is a compound word consisting of 'down', which implies a reduction or descent, and 'scaling', derived from 'scale', which refers to the size or level of something. The concept became particularly relevant during economic recessions when companies sought strategies to remain viable amid declining revenues. As organizations faced pressure to optimize resources, the practice of downscaling gained traction across various sectors. Over the years, the term has evolved to encompass not only workforce reductions but also adjustments in production levels, corporate strategies, and even project funding. It encapsulates a broader strategy of adaptation in response to changing economic conditions, reflecting the dynamic nature of modern business practices.