The company is shrinkage its workforce to cut costs during the recession.
Frequently Asked Questions
The word "shrinkage" in English means: The process or fact of something becoming smaller., A reduction in the size or quantity of something, especially due to loss of moisture or theft..
The phonetic transcription of "shrinkage" is /ˈʃrɪŋkɪdʒ/ in British English and /ˈʃrɪŋkɪdʒ/ in American English. Click the 🔊 button to hear both pronunciations.
Synonyms for "shrinkage": contraction, reduction, decrease, diminution.
Example usage of "shrinkage": "We noticed some shrinkage in the fabric after washing it.". More examples on the page.