What is downscoping?

Answer 1

it refers to divestiture, spin-off or some other means of eliminating businesses that are unrelated to a firm's core businesses.

A firm that downscopes simultaneously downsizes.

Answer 2

Downscoping is a strategy where a company reduces the scope or scale of its operations or projects. It involves cutting back on certain activities, resources, or commitments to improve efficiency or focus on core business areas. Downscoping aims to streamline operations and maximize profitability.