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to downsize
01
(of a company or organization) to become smaller by reducing the number of employees or departments
Examples
The corporation downsized after losing several major contracts.
02
to design, manufacture, or produce something in a smaller size
Examples
The company downsized the car model for better fuel efficiency.
03
to terminate employees as part of a reduction in company size
Examples
The company downsized 200 staff members last quarter.
04
to relocate to a smaller home or living space
Examples
After retirement, they downsized to a modest apartment.
Lexical Tree
downsizing
downsize
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