downsizing

verb

1. (form-of, gerund, participle, present)present participle and gerund of downsize

noun

1. (countable, uncountable)An act in which a company downsizes or is downsized.

   “He lost his job in the last downsizing.”

2. (countable, uncountable)Miniaturization.
3. (countable, uncountable)Reducing engine's capacity at same power or increasing engine's power without increasing capacity.

   “Downsizing is one of the leading trends in automotive engine design.”