Downsizing a company's workforce to the point of crippling the business by not retaining enough workers with the knowledge and skills to keep the company operating efficiently and profitably.
The recent dumbsizing of our workforce seems to have backfired as we've had to outsource work to ex-employees at higher fees than than the wages they made before we fired them.
by weedtarded February 20, 2009
Unreasonable downsizing that may achieve the payroll reduction objectives but cripples or destroys the organization in the process by losing critical knowledge and skills. businessdictionary.com
by Almighty_AL February 18, 2009