down size

downsize

[doun-sahyz]
verb (used with object), downsized, downsizing.
1.
to design or manufacture a smaller version or type of: The automotive industry downsized its cars for improved fuel economy.
2.
to reduce in number; cut back.
adjective
3.
Also, downsized. being of a smaller size or version: a downsize car.

Origin:
1970–75, Americanism; down1 + size1

downsize, fire, lay off, rightsize, terminate.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
downsize (ˈdaʊnˌsaɪz)
 
vb , -sizes, -sizing, -sized
1.  to reduce the operating costs of a company by reducing the number of people it employs
2.  to reduce the size of or produce a smaller version of (something)
3.  Compare rightsize to upgrade (a computer system) by replacing a mainframe or minicomputer with a network of microcomputers

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

downsize
1986 in reference to companies shedding jobs; earlier (1975) in reference to U.S. automakers building smaller cars and trucks (supposedly a coinage at General Motors), from down (adv.) + size. Related: Downsizing.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary

downsize definition


To reduce in number, especially personnel: “The company decided to downsize half the workers in the aircraft division.” It can also be used in reference to objects: “I decided to downsize my wardrobe and threw out all my old T-shirts.”

Note: Downsize is a recent euphemism for “fire, lay off.” Company managers often use this term in an attempt to soften the blow of wide-scale layoffs.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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