Downsize (Verb)
Meaning 1
(of a company) reduce in size or number of employees; "the company downsized its research staff".
Classification
Verbs of size, temperature change, intensifying, etc..
Hypernyms
Meaning 2
Dismiss from work; "three secretaries were downsized during the financial crisis".
Classification
Verbs of political and social activities and events.
Examples
- Several employees were downsized due to the company's financial struggles and had to apply for new jobs elsewhere.
- The struggling corporation downsized a significant portion of its staff to cope with the impending bankruptcy.
- In an effort to cut costs, the department decided to downsize by letting go of non-essential personnel.
- After the merger, over 50 employees were downsized and received generous severance packages.
- Following the economic downturn, many companies were forced to downsize and restructure their workforce.
Hypernyms
Meaning 3
Design or manufacture in a smaller size; "the car makers downsized the SUVs when fuel became very expensive".
Classification
Verbs of size, temperature change, intensifying, etc..