›to reduce the number of people who work in a company or organization, often so that it operates more effectively: Margins are to be widened and central expenses slimmed down.The government developed a public works program as one way of slimming the 12% jobless rate.slim (down) to sthHaving slimmed down to around 1400 staff, the company is now recruiting again.
slimmingnoun[U]›Investors applauded the government's 10% slimming of budget spending.