The reduction of a workforce to the point where the company goes under.
Example Citation:
"Why doesn't downsizing work in most cases? Because the company typically cuts the people but not the work. So now you've got fewer people doing more work than ever. ... And when the dust settles, the company finds that its short-term savings have evaporated and in order to stop from capsizing, it has to hire more people, increase morale, and correct quality problems that have emerged."
— Richard Hodgetts, "Downsize Bureaucracy Before People," Sun-Sentinel, July 20, 1998
Earliest Citation:
Speakers at a recent conference on outsourcing and systems integration held in Sydney, Australia, came up with two useful additions to the outsourcing/insourcing/downsizing/ rightsizing page of the lexicon: capsizing — a handy word to describe what happens when you go overboard in revamping your systems; and outsorcerers — meaning outsourcing vendors who promise to work magic for their clients.
—"What's the buzz?",> Computerworld, October 21, 1991
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New words. 2013.

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Look at other dictionaries:

  • Capsizing — Capsize Cap*size , v. t. & i. [imp. & p. p. {Capsized}; p. pr. & vb. n. {Capsizing}.] [Cf. Sp. cabecear to nod, pitch, capuzar, chapuzar, to sink (a vessel) by the head; both fr. L. caput head.] To upset or overturn, as a vessel or other body.… …   The Collaborative International Dictionary of English

  • capsizing — noun An overturning of a boat etc …   Wiktionary

  • capsizing — cap·size || kæp saɪz v. upset, overturn; be upset, be overturned (of a boat or ship) n. verturned boat ship …   English contemporary dictionary

  • capsizing — Overturning, especially the overturning of watercraft …   Ballentine's law dictionary

  • capsizing — noun (nautical) the event of a boat accidentally turning over in the water • Topics: ↑seafaring, ↑navigation, ↑sailing • Hypernyms: ↑shipwreck, ↑wreck …   Useful english dictionary

  • capsizing moment — Naval Archit. See upsetting moment. * * * …   Universalium

  • capsizing moment — Naval Archit. See upsetting moment …   Useful english dictionary

  • MS Herald of Free Enterprise — was a roll on roll off (RORO) car and passenger ferry owned by Townsend Thoresen. She was one of three ships commissioned by the company to operate on the Dover–Calais route across the English Channel. The ferry capsized on the night of 6 March… …   Wikipedia

  • ship — shipless, adj. shiplessly, adv. /ship/, n., v., shipped, shipping. n. 1. a vessel, esp. a large oceangoing one propelled by sails or engines. 2. Naut. a. a sailing vessel square rigged on all of three or more masts, having jibs, staysails, and a… …   Universalium

  • Pamir (ship) — Pamir was one of the famous Flying P Liner sailing ships of the German shipping company F. Laeisz. She was the last commercial sailing ship to round Cape Horn, in 1949. Outmoded by more modern bulk carriers, and having severe technical… …   Wikipedia

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