What does downsize mean?

Definitions for downsize
ˈdaʊnˌsaɪzdown·size

This dictionary definitions page includes all the possible meanings, example usage and translations of the word downsize.

Princeton's WordNet

  1. downsizeverb

    (of a company) reduce in size or number of employees

    "the company downsized its research staff"

  2. downsizeverb

    design or manufacture in a smaller size

    "the car makers downsized the SUVs when fuel became very expensive"

  3. downsizeverb

    dismiss from work

    "three secretaries were downsized during the financial crisis"

Wiktionary

  1. downsizeverb

    To reduce in size or number.

    The company chose to downsize by laying off half of its workers.

  2. downsizeverb

    To reduce the workforce of.

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

  3. downsizeverb

    To terminate the employment of.

    Joe got downsized and became a plumber.

ChatGPT

  1. downsize

    Downsize refers to the act of reducing the number or size of something, particularly in business context, it means to reduce the number of employees, scale of operations, or size of an organization, typically in order to manage costs or increase efficiency. This term can also apply to other contexts, like reducing the size of a personal possession, such as house or a car.

Wikidata

  1. Downsize

    Downsizing in the automobile industry is the practice of redesigning a vehicle to retain the interior volume, and often the nameplate and styling of a larger car to a smaller, more efficient platform. It was common in the 1970s following the 1973 oil crisis. General Motors was among the first to announce a downsize strategy for the whole company as a response to demand for smaller more efficient cars. An alternative strategy was to simply rebadge or mildly restyle smaller vehicles, as nameplates such as the Ford LTD and Plymouth Fury were applied to smaller platforms. The term engine downsizing is used when the car itself remains the same size but the engine is reduced, with the aim of making the vehicle more efficient.

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Numerology

  1. Chaldean Numerology

    The numerical value of downsize in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of downsize in Pythagorean Numerology is: 7

Examples of downsize in a Sentence

  1. Cory Honeyman:

    If they do change location or they downsize it or do anything that requires a second review of the project’s eligibility for getting a permit or siting approval, that is another chunk of time that eats into the project's ability to come online before the end of 2016.

  2. Aerospace Industries Association:

    Without additional relief from BCA caps, companies in the defense industrial base will continue to downsize or be forced out of the defense business altogether.

  3. Bob Zenouzi:

    In the last seven to eight years self storage companies have become very adept at marketing online, people can't afford a home and need to downsize. You have stuff and need to store that stuff.

  4. Tunde Leye:

    Businesses may struggle to survive, or in the best case scenario, would at least downsize.

  5. Leonard Steinberg:

    The would-be buyers that stepped back from the market in late 2022 can’t and won’t stay away forever, especially given the competing demands from first-time buyers looking to get into the market and retirees looking to move or downsize.

Popularity rank by frequency of use

downsize#10000#78381#100000

Translations for downsize

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"downsize." Definitions.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.definitions.net/definition/downsize>.

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