Definition of Downsize
Downsize
down·size
Definition/Meaning
(verb)
To reduce the size or scale of something, especially a business or organization.
e.g. The company had to downsize its workforce to stay profitable.
(verb)
to eliminate employee positions by firing staff, or to make an organization smaller in this way;
e.g. The company was forced to downsize due to its financial difficulties.
(verb)
to move to a smaller house or residence;
e.g. They decided to downsize after their children had grown up and left home.
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