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English definition of “downsize”

downsize

verb [I or T]     /ˈdaʊn.saɪz/
If you downsize a company or organization, you make it smaller by reducing the number of people working for it, and if it downsizes, it becomes smaller in this way: to downsize your workforce/company The plight of the economy is forcing businesses to downsize.Becoming and making smaller or lessBecoming and making less strong downsizing     /-saɪ.zɪŋ/ noun [U] corporate downsizingBecoming and making smaller or lessBecoming and making less strong
(Definition of downsize verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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