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Discover Ludwig"wind it down" is correct in written English.
You can use it to describe an action of slowly reducing the intensity of a situation. For example: After a tense argument, my friend and I decided to wind it down and focus on resolving the situation.
Exact(30)
If an institution is struggling, the normal answer is to shrink its activities and wind it down slowly.
Rival BP also promised to go "beyond petroleum" and established an Alternative Energy business with its own London headquarters and chief executive, only to gradually wind it down.
"It's going to be tough to wind it down to specials," he said.
If your green start-up is also suffering, here are 10 ways to wind it down.
Now, there's no remaining need for the bond guarantee program, and officials should wind it down.
The company would now need to more "vigorously" pursue plans either to dispose of the business or wind it down.
Similar(30)
"We're winding it down," he said.
So Warner Bros is slowly winding it down.
So right now we'd be winding it down.
He began winding it down while looking for better opportunities.
We were in the process of winding it down when he was arrested.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com