Verb: downsize 'dawn,sIz
- (of a company) reduce in size or number of employees
"the company downsized its research staff"
- Dismiss from work
"three secretaries were downsized during the financial crisis"
- Design or manufacture in a smaller size
"the car makers downsized the SUVs when fuel became very expensive"
- Move to a smaller home
"some people downsize when they retire"
Derived forms: downsized, downsizes, downsizing
Type of: bring down, cut, cut back, cut down, furlough [N. Amer], lay off, reduce, shrink, trim, trim back, trim down
Encyclopedia: Downsize