Often used when companies make major changes to survive or improve profitability. Due to market decline, they had to scale down their workforce.
Pro Tip 2/3
Negative Undertone
Implies something negative like a reduction in business or activities due to adverse circumstances. To avoid bankruptcy, the store scaled down its branches.
Pro Tip 3/3
Cost Management
Can refer to reducing expenses or investments in certain areas. The festival had to scale down its budget for performers.