Answer: downsize

AnswerCrossword Clue
DOWNSIZEShrink, in a way
DOWNSIZEReduce the staff
DOWNSIZEShrink
DOWNSIZEEngage in layoffs
DOWNSIZEDiminish the work force ... or a literal hint to the answers to the four starred clues
downsizeto produce in a smaller size
downsizeMake (a company or organization) smaller by eliminating staff positions
downsize(of a company) Eliminate staff positions
downsizeMake (something) smaller