downsize

/ˈdaʊnsaɪz/

verb

  1. 1

    To reduce in size or number.

    Joe and Edna moved to a bungalow after deciding to downsize when the children had left home.
  2. 2

    To reduce the workforce of.

    They downsized the division by offering attractive early-retirement packages and selling off an office building.
  3. 3

    To terminate the employment of.

    Joe got downsized and became a plumber.

Synonyms

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