Debloating

The bloated banking system is about to shrink. What is the right verb to describe this process? To debloat, perhaps. So, lets conjugate...

I debloat;
you debloat
He debloats,
She debloats..etc

From the Mail.....

More than a third of the Halifax branch network faces closure by its owner Lloyds in one of the biggest bank culls in history. The move, which immediately sparked bitter criticism, would wipe out 550 small branches and 'agency counters' inside the offices of estate agents, solicitors and financial consultants.

It would cause huge job losses and intensify fears that the historic Halifax name may disappear completely. Altogether, the Halifax, once Britain's biggest building society, has about 1,300 branches.