shrink
Definitions
To become smaller in size, amount, or value.
To move away from something unpleasant or frightening; to flinch.
A colloquial term for a psychiatrist or psychologist.
Examples
If you wash that wool sweater in hot water, it will likely shrink.
The company had to shrink its workforce due to a significant drop in revenue.
He felt his confidence shrink as he stood before the large audience.