DOWNSIZE
downsize
(verb) (of a company) reduce in size or number of employees; “the company downsized its research staff”
downsize
(verb) design or manufacture in a smaller size; “the car makers downsized the SUVs when fuel became very expensive”
downsize
(verb) dismiss from work; “three secretaries were downsized during the financial crisis”
Source: WordNet® 3.1
Etymology
Verb
downsize (third-person singular simple present downsizes, present participle downsizing, simple past and past participle downsized)
(intransitive) To reduce in size or number.
(transitive) To reduce the workforce of.
Synonym: rightsize (euphemistic)
(transitive, euphemistic) To terminate the employment of.
Synonym: Thesaurus:lay off
Anagrams
• size down
Source: Wiktionary