The company announced plans to downsize its workforce by 15% due to financial pressures.
公司宣布由于财务压力，计划将其员工规模缩减15%。
In an effort to cut costs, the department has decided to downsize its office space and encourage remote working.
为了削减成本，该部门决定缩小办公空间，并鼓励远程工作。
After the merger, the new entity had to downsize several duplicate departments to streamline operations.
合并后，新实体不得不缩减几个重复的部门以简化运营。
The retail giant is
downsizing its physical stores as more customers shift to online shopping.
随着更多顾客转向网上购物，这家零售巨头正在缩减其实体店规模。
The organization is
downsizing its IT infrastructure to adopt cloud services, which will lead to significant savings.
该组织正在缩减其IT基础设施，转而采用云服务，这将带来显著的节省。
Due to declining enrollment, the university is
downsizing its academic programs and consolidating resources.
由于入学人数下降，大学正在缩减其学术项目并整合资源。
The manufacturing plant is
downsizing production capacity as demand for their products slows down.
由于产品需求放缓，制造工厂正在缩减生产能力。
To remain competitive, the airline is
downsizing its fleet and focusing on more fuel-efficient aircraft.
为了保持竞争力，航空公司正在缩减机队规模，专注于更省油的飞机。
The government agency is
downsizing its bureaucracy to improve efficiency and responsiveness.
为提高效率和响应速度，政府机构正在精简其官僚机构。
Faced with declining profits, the hotel chain is
downsizing its staff and reevaluating its expansion plans.
面对利润下滑，连锁酒店正在裁员并重新评估其扩张计划。
Roslansky said the company will convene an all-hands meeting with its China-based colleagues to "discuss the implications of these changes, including the discontinuation of product and engineering teams in China and the downsizing of corporate, sales, and marketing functions".
罗斯兰斯基表示，该公司将与中国同事召开一次全体会议，“讨论这些变化的影响，包括停止在中国的产品和工程团队，以及缩减公司、销售和营销职能”。
Tech giant downsizes workforce, focuses on Video Accounts as novel growth pointTencent Holdings Ltd has taken cost-cutting measures such as downsizing its workforce and controlling growth in staff costs in the April-June period, and will explore new sources of revenue by speeding up the commercialization push in its short video platform Video Accounts, the company's top executive said.
腾讯控股有限公司首席执行官表示，这家科技巨头裁员，专注于将视频账户作为新的增长点。腾讯控股有限责任公司已采取削减成本的措施，如裁员和控制员工成本的增长，并将通过加快短视频平台视频账户的商业化步伐来探索新的收入来源。
Chinese internet companies, including Alibaba Group Holding Ltd, Tencent Holdings Ltd and JD, are reportedly downsizing, amid economic downward pressure and a complex external environment, but they are still stepping up recruitment efforts for skilled talent in research and development.
据报道，在经济下行压力和复杂的外部环境下，包括阿里巴巴集团控股有限公司、腾讯控股有限公司和京东在内的中国互联网公司正在裁员，但它们仍在加紧招聘研发领域的技能人才。
"Most of the internet companies that have achieved profitability are adjusting talent structure, rather than simply downsizing," said Pan Helin, co-director of the Digital Economy and Financial Innovation Research Center at Zhejiang University's International Business School, adding there is surging demand for professionals in fields like corporate compliance, risk control and sustainable development.
浙江大学国际商学院数字经济与金融创新研究中心联合主任盘和林表示：“大多数实现盈利的互联网公司都在调整人才结构，而不是简单地裁员，风险控制和可持续发展。
It plans to downsize its global refining footprint from 14 plants now to six in the future.
该公司计划将其全球炼油厂规模从目前的14家缩减至未来的6家。
Wang noted the bike-sharing industry is currently going through a downsizing phase, requiring better operational capabilities as well as more investment in high-quality products.
This is the first downsizing of the list since 2012.
This is the first downsize of the list since 2012.
Hoogewerf said that A shares' nearly 20 percent decline so far this year and the trade tensions between the United States and China were the main reasons for the downsize.
The underperformance of primary stock market in the United States led to downsizing of the initial public offering (IPO), according to Bruce Wu, managing director of Citigroup Global Markets Asia Limited.
He always tries to downsize the factories to maintain as many jobs as possible, but, if needed, he would have to make rational decisions to cut jobs and close down factories.
"The fund will promote an overhaul of SOEs, pilot mixed ownership programs, encourage mergers and acquisitions, and downsize overstaffed companies," he said.
Shanghai-based Fosun Pharmaceutical Group will downsize its planned acquisition stake in the Indian generic drugmaker Gland Pharma to 74 percent from the previously announced 86 percent, according to a Fosun Pharmaceutical announcement released on Monday.
Growth continued in ensuing years but the company started to downsize its physical network in the second fiscal quarter of 2014, closing 56 stores in three months.
"We need to further downsize the negative list for foreign investment, improve government oversight efficiency, and remove invisible trade and investment barriers while reducing tariffs and subsidies.
The statement came after Moody's affirmed China's A1 long-term local and foreign-currency issuer ratings on Tuesday but changed its outlook on China's government credit ratings to negative from stable, citing lower medium-term economic growth and ongoing downsizing of the property sector.
For instance, they are expected to increase stress tests in the field of investment and services trade, continue to downsize the negative list for foreign investment in an appropriate manner, increase the openness of the modern services industry, and encourage foreign investment in high-end services sectors.
Although often seen as a heavy burden on the economy, the downsizing of the property sector will ultimately free up capital for more productive use.
The minister said that China will properly downsize the negative lists for foreign investors to further cancel or relax restrictions on market access.
We need to expand market entry processes, appropriately downsize the negative list for foreign investment and increase openness in the modern services industry, while ensuring national treatment for foreign-funded companies, promoting fair competition, protecting legitimate interests and rights of foreign investors, improving services for foreign-funded companies and facilitating the launch of signature foreign-funded projects.
The country has been continuously downsizing the negative lists for foreign investment, while stepping up efforts to better protect legitimate rights and interests of foreign investors.
Zhang Wei, vice-president of the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce, pointed out that the report to the 20th National Congress of the Communist Party of China used "appropriate" to describe the future downsizing of the negative lists for foreign investment, while in the past, the country had actively expanded foreign investment access to the China market.
On one hand, through measures such as continuously downsizing the items on the negative list and implementing the principle of competitive neutrality, or maintaining a level playing field, China will keep improving the business environment, aligning with high-level international economic and trade rules and regulations, according to him.
The implementation of the new foreign investment law, the continuous downsizing of the negative list for foreign investment, and the nation's applications to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, and the Digital Economy Partnership Agreement demonstrate China's resolve in this regard, he said.
Bai Ming, deputy director of international market research at the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said though the Quad refrained from mentioning China in their statements, their moves are targeted at downsizing China's presence in global industrial chains, which will affect the businesses of many companies operating in the nation.
Zou, with the EFC, said as nonfossil power generation technologies continue to improve in maturity and bring down costs, non-fossil energy will steadily account for an increasing share in China's power generation and that of coal will gradually downsize so that new energy will replace coal in China's power generation system as much as possible.
In such circumstances, businesses typically resort to downsizing to save on costs like wages.
They should also deepen the implementation of policy measures aiming to reduce costs and burdens for enterprises, including regulating illegal marking-up in electricity charges to downsize energy bills, and constructing comprehensive transportation and logistics service platforms to cut down enterprise costs, he said, adding more credit and financing support is also necessary.
Results from the survey found no company plans to quit the Chinese market, and only one plans to downsize its business gradually.
"The constant downsizing in the negative lists is a strong signal that China has been stepping up efforts to open wider," said Zhou Mi, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation.
Endowment insurance institutions should downsize the types of business whose retirement planning feature is not prominent and stop or divest insurance asset management business that is irrelevant to retirement planning, the China Banking and Insurance Regulatory Commission said on Friday.
Wang said the nation will further downsize the negative lists.
Some experts expect China to continue large-scale tax and fee cuts and avoid substantially downsizing the tax cut compared with last year to vitalize market entities.
While downsizing broad-based stimulus, monetary and fiscal authorities will strengthen targeted support to key sectors this year, such as technological innovation, small businesses, green development and people's livelihoods, according to officials.
As reflected by the continuous downsizing of the negative list for foreign investment and its signing of free trade agreements with an increasing number of economies, China is stepping up its opening-up efforts, and more market opportunities and development dividends of the nation will be shared with the rest of the world.
Chen Xiangdong, founder and CEO of Gaotu, a K12 education service provider, said in an internal memo that the company expects to downsize its staff by a third, which could mean several tens of thousands will likely lose their jobs.
高途创始人兼首席执行官陈向东在一封内部备忘录中表示，公司预计将裁员约三分之一，这意味着可能有数万人将失去工作。
"The bike-sharing sector is now going through a downsizing phase, requiring better operational capabilities as well as more investment in high-quality products," said Raymond Wang, a partner at the consultancy Roland Berger.
Others were busily downsizing by closing down underperforming outlets and trimming staff to save costs amid lean times.
""The tariffs will cost more than 20,000 American jobs that depend on the beer industry," he said, adding that many large breweries have announced the decision to increase the prices, while some small breweries have had to lay off workers and downsize manufacturing.
The frenzy over metaverse, a tech buzzword that promises a future where virtual and physical worlds are inextricably interconnected, is cooling as major tech heavyweights are downsizing workforces in metaverse-related businesses and banking on the fast-growing artificial intelligence-generated content (AIGC) sector, experts said.
Yueda Kia Motors has addressed recent reports concerning management rotations and team downsizing.
Ratings agency Moody's on Tuesday cut its outlook on China's government credit ratings to negative from stable, citing lower medium-term economic growth and ongoing downsizing of the property sector, Reuters reported.
Small-and medium-sized banks are under pressure to downsize their interbank business, said Xiong Qiyue, a researcher with the Bank of China Research Institute.
Some experts believe that downsizing the sector could make it easier for regulators to launch the much-anticipated registration process, a crucial step to standardize the sector and bring order back to the business.
This sluggish performance has forced securities firms to downsize their headcounts.
Zhou Ping, researcher with the China Trustee Association, attributed the slower expansion to companies' self-initiated downsizing amid government's deleveraging efforts to prevent financial risks.
So, companies have to thrive by decreasing wages, downsizing or by hiring more interns to control the cost of human resources, industry insiders said.
Commercial banks have improved their lending structures, downsizing interbank business and expanding credit to the real economy, Wang said.
Central Party and state institutions will downsize their staff by 5 percent, said the plan.
- China's state institutions at the central level will downsize their staff by 5 percent, according to a plan on reforming State Council institutions made public Tuesday.