Downsize Definition

dounsīz
downsized, downsizes, downsizing
verb
To reduce in size, extent, etc.
To downsize a company by eliminating jobs.
Webster's New World
To design or manufacture a smaller version of.
Webster's New World
To dismiss or lay off from work.
Workers who were downsized during the recession.
American Heritage
To become smaller in size or extent, as by eliminating employees or reducing expenditures.
Webster's New World
To fire (an employee) in an attempt to reduce expenditures.
Webster's New World

Origin of Downsize

  • down- +‎ size

    From Wiktionary

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