downsize
B2Meanings
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1
verb
reduce in size or number
the company downsized its research staff
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2
verb
make in a smaller size
the car makers downsized the SUVs when fuel became very expensive
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3
verb
dismiss from work
three secretaries were downsized during the financial crisis
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4
verb
To reduce in size or number.
Joe and Edna moved to a bungalow after deciding to downsize when the children had left home.
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5
verb
To reduce the workforce of.
They downsized the division by offering attractive early-retirement packages and selling off an office building.
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6
verb
To terminate the employment of.
Joe got downsized and became a plumber.
Etymology
From down- + size.