downsizing (Noun) — The reduction of expenditures in order to become financially stable.
downsizing (Verb) — Dismiss from work. ex. "three secretaries were downsized during the financial crisis"
downsizing (Verb) — Make in a smaller size. ex. "the car makers downsized the SUVs when fuel became very expensive"
downsizing (Verb) — Reduce in size or number. ex. "the company downsized its research staff"