Downsizing is a term used to describe the process of reducing the size of an organization by eliminating jobs or reducing the number of employees. There are several synonyms that can be used interchangeably with downsizing, including rightsizing, streamlining, restructuring, or trimming. These terms all refer to the same process of resizing a business or organization. Rightsizing suggests that the organization is reducing to the best size for the current situation, while streamlining refers to making the organization more efficient. Restructuring involves a complete overhaul of the organization, while trimming typically implies minor reductions in staff or resources. Regardless of the term used, downsizing can have significant consequences for employees and the organization as a whole.