How to reduce PHP-FPM (php5-fpm) RAM usage by about 50%

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LinuxBSDos.com posted How to reduce PHP-FPM (php5-fpm) RAM usage by about 50%

A quote from the article:
PHP-FPM is the FastCGI Process Manager for PHP. On Unix-like operating systems, including Linux and BSD distributions, PHP-FPM is enabled by installing the php5-fpm (Linux) or php56-fpm (FreeBSD 10.1) package. The problem with PHP-FPM is that the default configuration and that promoted by numerous blogs chews up too much resources RAM and CPU.
 How to reduce PHP-FPM (php5-fpm) RAM usage by about 50% @ LinuxBSDos.com