downsize

verb
down·​size | \ˈdau̇n-ˌsīz \

Definition of downsize 

transitive verb

1 : to reduce in size especially : to design or produce in smaller size

2 : to fire (employees) for the purpose of downsizing a business

intransitive verb

: to undergo a reduction in size

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Examples of downsize in a Sentence

They have downsized the car's engine in the new model. The company is planning to downsize next year. The company will be downsized next year.
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Recent Examples on the Web

The trouble is that this reduces everyone’s incentive to downsize in hopes that cranberry prices eventually get popping again. The Editorial Board, WSJ, "Pass the Cronyberry Sauce," 20 Nov. 2018 But when Basque steel mills downsized in the late 1970s, Galdeano returned to Viloria and its surrounding mountains to keep making charcoal. Alvaro Barrientos, Fox News, "Charcoal makers in Spain keep embers of an old trade burning," 13 Sep. 2018 The downsizing manifests itself in the cargo space, which drops from 32 cubic feet to 30. Al Haas, Philly.com, "Redesigned GMC Terrain Denali offers style, space, agility | Al Haas," 10 Apr. 2018 Newell has overhauled its board and rolled out a plan to significantly downsize after a fight with two activist investors, Starboard Value LP and Carl Icahn. Aisha Al-muslim, WSJ, "Newell Brands Sees Progress With Its Turnaround Efforts," 2 Nov. 2018 After Jack's death, Rebecca and the Pearson kids are forced to downsize and find a new home. Eileen Reslen, Good Housekeeping, "The Important Things You Missed During 'This Is Us' Last Night," 3 Oct. 2018 Different ways to downsize a genome B. recurrentis causes relapses because its genetic code enables the bacteria to run through a random sequence of different variants of two proteins, called antigens, on its surface. Kiona N. Smith, Ars Technica, "Ancient DNA reveals the secrets of a devastating European disease," 26 Sep. 2018 For someone who loves to cook — and really loves their cookbooks — downsizing a kitchen can be painful. Bonnie S. Benwick, The Seattle Times, "Kitchen confidential: How I downsized the most important room in the house," 24 Sep. 2018 Housing options might also include condominiums for older adults looking to downsize their living space. Steve Dreyer, Pomerado News, "'Agritopia'-inspired development in works for StoneRidge?," 12 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'downsize.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of downsize

1975, in the meaning defined at transitive sense 1

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Statistics for downsize

Last Updated

12 Dec 2018

Look-up Popularity

Time Traveler for downsize

The first known use of downsize was in 1975

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More Definitions for downsize

downsize

verb

Financial Definition of downsize

What It Is

Downsizing is a strategy used to reduce the size and scope of a business in order to improve its financial performance, usually by laying off employees or closing less-profitable divisions.

How It Works

Downsizing often takes place as part of a larger restructuring program at a company. Although it's usually thought of as a strategy companies use to become smaller, downsizing can also be the result of company mergers, acquisitions, and takeovers.

Its most common form comes in employee layoffs, which reduce payroll costs for the company. Downsizing may also involve shuttering some operations or offering certain employees early retirement.

Why It Matters

Downsizing is typically seen during economic downturns in order to improve efficiency and maintain profitability. However, if too many companies cut payrolls, it can further the downturn due to higher unemployment.

As well, companies may downsize in order to improve their attractiveness to potential acquirers and their cost-cutting moves could result in a buyout offer.

Source: Investing Answers

downsize

verb

English Language Learners Definition of downsize

: to make (something) smaller

: to make a company smaller and more efficient by reducing the number of workers

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More from Merriam-Webster on downsize

Rhyming Dictionary: Words that rhyme with downsize

Thesaurus: All synonyms and antonyms for downsize

Spanish Central: Translation of downsize

Nglish: Translation of downsize for Spanish Speakers

Comments on downsize

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