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

Keep scrolling for more

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.
See More

Recent Examples on the Web

Not long after the downsizing proposal emerged, MWD started talking about picking up agriculture's unfunded portion, with the assumption that the agency could recoup the extra cost by selling tunnel capacity to growers after the project is built. Bettina Boxall, latimes.com, "Southern California plans to spend $11 billion on the delta tunnels. Who will end up paying?," 16 Apr. 2018 Today, all three are hunkering down and in downsizing mode. Bloomberg.com, "What’s on the Block in China’s Potential Sale of the Century?," 2 Feb. 2018 Meadors had been downsizing his belongings in South Florida and had stored some of his personal items at his company’s warehouse, such as the ammunition. Juan Ortega, Sun-Sentinel.com, "Gun charges turn American's Cayman Islands retirement dream into possible prison nightmare," 7 June 2018 But the Indians have been downsizing their use of Chief Wahoo for the last several years. Robert Higgs, cleveland.com, "Cleveland Mayor Frank Jackson cheers Indians' decision to retire Chief Wahoo," 29 Jan. 2018 Shopping 26 Slides The unofficial season of downsizing your closet is finally on the horizon. Glamour, "26 Spring Dresses Under $100 to Buy Now," 14 Mar. 2019 With a lower price the couple hopes the property will sell, allowing them to downsize. Alina Dizik, WSJ, "What’s It Take to Sell a Home on Chicago’s Lake Michigan? Patience," 21 Feb. 2019 And while there's something to be said about big city living, downsizing sure has its perks—think local boutiques, tons of outdoor activities, and restaurant-to-people ratios that lean way in your favor. Condé Nast Traveler, "The Most Beautiful Towns in America," 21 Sep. 2018 There, Ganim pulled out a copy of a 2006 New York Times story about Lamont downsizing Campus Televideo, which Lamont campaign manager Marc Bradley took from Ganim. Neil Vigdor, courant.com, "Rival Democrats Ned Lamont And Joe Ganim Exchange Barbs In Raucous Debate," 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.

See More

First Known Use of downsize

1975, in the meaning defined at transitive sense 1

Keep scrolling for more

Learn More about downsize

Statistics for downsize

Last Updated

18 Apr 2019

Look-up Popularity

Time Traveler for downsize

The first known use of downsize was in 1975

See more words from the same year

Keep scrolling for more

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

Keep scrolling for more

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

What made you want to look up downsize? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

not to be persuaded, moved, or stopped

Get Word of the Day daily email!

Test Your Vocabulary

Words from Greek and Latin Quiz

  • roman forum
  • Which of the following months comes from a Latin word for “ten”?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!