downsize

verb
down·​size | \ ˈdau̇n-ˌsīz How to pronounce downsize (audio) \
downsized; downsizing; downsizes

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

For those considering downsizing and moving one day in the future, don’t miss the upcoming Housing Fair that can help you make a choice. Linda Gandee/special To Cleveland.com, cleveland.com, "Westlake Community Services offers seniors healthy programs and housing options in July," 2 July 2019 It was later downsized and by 2009, Earnhardt was not longer involved. al.com, "Ambitious sports development introduced in Mobile County," 1 July 2019 The Sweetwater Union High School District is set to downsize by 82 staff positions as part of ongoing efforts to make sorely needed budget cuts. David Hernandez, San Diego Union-Tribune, "Sweetwater Union High School District set to eliminate 82 staff positions," 4 June 2019 With his Los Angeles manse on the market, perhaps the crooner is hoping to downsize? Hadley Keller, House Beautiful, "Is Harry Styles a Marie Kondo Fan?," 14 May 2019 Marybeth Glenn will give a presentation on downsizing and safety for older adults. Linda Mcintosh, sandiegouniontribune.com, "Brother Bennos helps stamp out hunger," 22 May 2018 In its ashes came the NWSL, downsized even more and subsidized by U.S. Soccer. San Diego Union-Tribune, "Column: Women’s soccer’s journey from promise of 1999 to reality of 2019," 11 June 2019 An AltaPointe spokeswoman said the merger is unlike similar arrangements in the private sector, meaning there was neither a buyout nor downsizing. John Sharp | Jsharp@al.com, al.com, "Mobile Arc merging with AltaPointe," 10 June 2019 States, cities and counties should also consider closing or at least downsizing jails. Keith Humphreys, Washington Post, "How jails stay full even as crime falls," 6 June 2019

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

11 Jul 2019

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

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