Definition of Downsize
Downsize
down·size
Definition/Meaning
(verb)
in American usage, to reduce something's size or to design it such that it is smaller;
e.g. They were told to downsize the product because it was too big and heavy to be practical.
(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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