downsize
verb
\
Definition of downsize
Keep scrolling for more
Synonyms & Antonyms for downsize
Synonyms
abate, de-escalate, decrease, dent, deplete, diminish, downscale, drop, dwindle, ease, knock down, lessen, lower, reduce
Antonyms
aggrandize, amplify, augment, boost, enlarge, escalate, expand, increase, raise
Visit the Thesaurus for More
Examples of downsize in a Sentence
Recent Examples on the Web
The decision to have the basketball court 15 feet underground also helps to downsize the look of the home from the street. — Kelsey Murrietta, azcentral, "It's hoops heaven at this Scottsdale family's dream home," 29 Aug. 2019 When a company needed to downsize, having RL staff decreased the imperative to cut headcount, because some of its employees were already cheaper than full-timers. — Cassie Werber, Quartz at Work, "The three-stage blueprint for âcraftingâ a flexible career," 13 Aug. 2019 This could likely be because of the current political climate where there is no love lost for politicians in general and there is also a major campaign underway to downsize parliament given the high costs to taxpayers. — Ciku Kimeria, Quartz Africa, "Kenyan politics is a boysâ game, but women are fighting hard for their rightful seat at the table," 12 Aug. 2019 Finally, EspĂrito Santo was better placed to downsize. — The Economist, "One Brazilian state stands out as a model of efficiency," 8 Aug. 2019 Meanwhile, more boomers have become eager to downsize. — Ellen James Martin | Andrews Mcmeel Syndication, courant.com, "Smart Moves: Itâs an opportune time to sell; some tips," 7 Aug. 2019 The city also has a significant aging population with nowhere to downsize. — High School Journalism Institute, oregonlive.com, "Oregonians worry new zoning law may change neighborhoods," 22 July 2019 Many retirees choose to downsize their house (less cleaning!) and trade their locale for green pastures or beaches or maybe even a place where people still know their neighbors. — Karen D'souza, The Mercury News, "California ranks as one of the worst states to retire, report says," 10 July 2019 But the rovers of the future might have to downsize. — Loren Grush, The Verge, "This tiny rover will test how well small mobile robots can survive on the Moon," 6 June 2019These 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.
Keep scrolling for more
Keep scrolling for more
More Definitions for downsize
downsize
verbFinancial 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
See the full definition for downsize in the English Language Learners Dictionary
Keep scrolling for more