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Meaning of downsize

Source language: EnglishDictionary language: English

downsize

Pronunciation:/ˈdaʊnsaɪz/

verb

Definitions

  1. To reduce in size or number.

    Example: Joe and Edna moved to a bungalow after deciding to downsize when the children had left home.

  2. To reduce the workforce of.

    Example: They downsized the division by offering attractive early-retirement packages and selling off an office building.

    Synonyms:rightsize
  3. To terminate the employment of.

    Example: Joe got downsized and became a plumber.