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Definitions from the Web

Downsize

Definition:

(verb)

1. To reduce the size or scale of something, especially an organization or workforce.

2. To decrease the quantity or number of something.

3. To move to a smaller, more compact place.

(noun)

1. The act of reducing the size or scale of something, especially in a business context.

Examples:

(verb)

1. The company decided to downsize its workforce due to financial difficulties.
2. We need to downsize our expenses to save money.
3. They downsized from a house to a smaller apartment when they retired.

(noun)

1. The downsizing of the company resulted in many layoffs.

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