downsize

downsize
downsize down‧size [ˈdaʊnsaɪz] verb
1. [intransitive, transitive] HUMAN RESOURCES if a company downsizes, it reduces the number of employees and levels of management that it has:

• If your company downsizes and you are over 50, your working life may be over.

• We have cut expenses and downsized our operations so that we will be in a position to capitalize on a gradually improving market.

2. [transitive] to make something smaller:

• This software is the perfect tool for resizing or downsizing pictures from a digital camera.

— downsized adjective :

• Many downsized banks have seen their customers' satisfaction plummet.

• Turbo-charging a downsized engine delivers power that is equivalent to a larger system.

— see also restructure

* * *

downsize UK US /ˈdaʊnˌsaɪz/ verb [I or T] HR, MANAGEMENT
to make a company or organization smaller by reducing the number of people working for it: »

The plight of the economy is forcing businesses to downsize.

»

to downsize your workforce/company

Compare RIGHT-SIZE(Cf. ↑right-size)
downsizing /ˈdaʊnsaɪzɪŋ/ noun [U]
»

a trend for corporate downsizing

Compare RIGHT-SIZING(Cf. ↑right-sizing)

Financial and business terms. 2012.

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Look at other dictionaries:

  • downsize — meaning ‘to reduce in size or scale’, is first recorded in the 1970s with reference to the manufacture of smaller and more economical motor cars. In the US in the early 1980s it rapidly acquired its now primary meaning, in the euphemistic jargon… …   Modern English usage

  • Downsize Me! — Format Reality Series Presented by Damian Kristof Lee Anne Wann Country of origin New Zealand Broadcast Original channel …   Wikipedia

  • downsize — ☆ downsize [doun′sīz΄ ] vt. downsized, downsizing 1. to design or manufacture a smaller version of 2. to reduce in size, extent, etc. [to downsize a company by eliminating jobs] vi. to become smaller in size or extent, as by eliminating employees …   English World dictionary

  • downsize — v. To reduce the size of a workforce in response to economic conditions or business needs. See also layoff The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • 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 (Cf. down) (adv.) + SIZE (Cf. size). Related: Downsized; downsizing …   Etymology dictionary

  • downsize — [v] to decrease in size, especially of a workforce curtail, cut, cut back, cut down, decrease, deduct, diminish, phase down, phase out, reduce, retrench, roll back, roll down, scale back, scale down, shrink, step down, trim, trim away, tune down; …   New thesaurus

  • downsize — ► VERB chiefly N. Amer. 1) make smaller. 2) (of a company) shed staff …   English terms dictionary

  • downsize — [[t]da͟ʊnsaɪz[/t]] downsizes, downsizing, downsized VERB To downsize something such as a business or industry means to make it smaller. [V n] American manufacturing organizations have been downsizing their factories. [V ed] ...today s downsized… …   English dictionary

  • downsize — UK [ˈdaʊnˌsaɪz] / US verb [intransitive/transitive] Word forms downsize : present tense I/you/we/they downsize he/she/it downsizes present participle downsizing past tense downsized past participle downsized business to make a company or… …   English dictionary

  • downsize — /down suyz /, v., downsized, downsizing, adj. v.t. 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. adj. 3. Also, downsized. being of …   Universalium

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