downsize
verb [ I or T ] uk/ˈdaʊn.saɪz/ us/ˈdaʊn.saɪz/
（使）减员，（使）（公司或组织）瘦身
If you downsize a company or organization, you make it smaller by reducing the number of people working for it, and if it downsizes, it becomes smaller in this way.
to downsize your workforce/company 减少你方劳动力人数／实行公司减员
The plight of the economy is forcing businesses to downsize. 经济困境迫使企业减员。