1. the practice of reducing the number of employees in a company to cut costs
Usage: business
2. the act of moving to a smaller home or reducing one’s possessions

1. present participle of downsize: to reduce in size, especially by eliminating jobs or moving to smaller quarters

Examples

• The company announced downsizing due to budget constraints.
• Many employees lost their jobs during the downsizing.
• After retirement, they considered downsizing to a smaller house.
• Downsizing helped them reduce their monthly expenses.
• The corporation is downsizing its workforce by twenty percent.
• She found downsizing her belongings surprisingly liberating.
• The downsizing affected the entire marketing department.