downsize Meaning in the Cambridge English Dictionary
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Meaning of “downsize” in the English Dictionary

"downsize" in British English

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downsizeverb [I or T]

uk   us   /ˈdaʊn.saɪz/
If you downsize a ​company or ​organization, you make it ​smaller by ​reducing the ​number of ​peopleworking for it, and if it downsizes, it ​becomessmaller in this way: to downsize ​yourworkforce/​company The ​plight of the ​economy is ​forcingbusinesses to downsize.
downsizing
noun [U] uk   us   /-saɪ.zɪŋ/
corporate downsizing
(Definition of downsize from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"downsize" in American English

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downsizeverb [I]

 us   /ˈdɑʊnˌsɑɪz/
(of a ​company) to ​reduce the ​number of employees, usually as ​part of a ​largerchange in the ​structure of an ​organization: The ​company was ​forced to downsize in ​order to ​remaincompetitive.
(Definition of downsize from the Cambridge Academic Content Dictionary © Cambridge University Press)

"downsize" in Business English

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downsizeverb [I or T]

uk   us   /ˈdaʊnˌsaɪz/ HR, MANAGEMENT
to make a ​company or ​organizationsmaller by ​reducing the ​number of ​peopleworking for it: The plight of the ​economy is ​forcingbusinesses to downsize. to downsize your ​workforce/​company
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downsizing
noun [U] /ˈdaʊnsaɪzɪŋ/
a ​trend for corporate downsizing
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(Definition of downsize from the Cambridge Business English Dictionary © Cambridge University Press)
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