transitive verb-·sized·, -·siz·ing
- to design or manufacture a smaller version of
- to reduce in size, extent, etc.: to downsize a company by eliminating jobs
- Informal to fire (an employee) in an attempt to reduce expenditures
to become smaller in size or extent, as by eliminating employees or reducing expenditures
verbdown·sized, down·siz·ing, down·siz·es
- To reduce in number or size: a corporation that downsized its personnel in response to a poor economy.
- To dismiss or lay off from work: workers who were downsized during the recession.
- To make in a smaller size: cars that were downsized during an era of high gasoline prices.
- To simplify (one's life, for instance), as by reducing the number of one's possessions.
- To become smaller in size by reductions in personnel or assets: Corporations continued to downsize after the economy recovered.
- To live in a simpler way, especially by moving into a smaller residence.
(third-person singular simple present downsizes, present participle downsizing, simple past and past participle downsized)
- (intransitive) To reduce in size or number.
- The company chose to downsize by laying off half of its workers.
- To reduce the workforce of.
- They downsized the division by offering attractive early-retirement packages and selling off an office building.
- To terminate the employment of.
- Joe got downsized and became a plumber.
down- + size