phrases about resizing

Cut to the bone

“We have cut the advertising budget to the bone for the next fiscal year.”

To reduce to the absolute minimum

Note: Such a reduced budget could also be described as a “skeletal budget” or a “bare bones budget.”

Pad

“Sakura-san was fired after he was caught padding his expense report.”

To inflate, to increase unnecessarily

Pare down

“Ando-san is asking her staff to pare down the operating budget.”

To trim or cut down

Balloon

“Ballooning costs and shrinking sales were the cause of the company's bankruptcy.”

To swell rapidly

Beef up

“We need to beef up the section that explains the cost overruns in the budget presentation.”

To add weight to, increase