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slim

 
 
/slɪm/ verb [I or T] (-mm-) (also slim (sth) down)

Definition

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 sth Having slimmed down to around 1400 staff, the company is now recruiting again.
slimming noun [U] Investors applauded the government's 10% slimming of budget spending.
(Definition of slim verb from the Cambridge Business English Dictionary © Cambridge University Press)

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