Verb
(of a company) reduce in size or number of employees
design or manufacture in a smaller size
dismiss from work
Source: WordNetthe company downsized its research staff Source: Internet
the car makers downsized the SUVs when fuel became very expensive Source: Internet
three secretaries were downsized during the financial crisis Source: Internet
Also launching Sept. 29 is the third season continuation of Sweet Home Sextuplets, which follows the Waldrops as they downsize to a snug mobile home while their house undergoes renovations, said the network. Source: Internet
Automobiles in the U.S. reached the largest sizes they would ever attain, but by 1977, General Motors managed to downsize its full-size models to more manageable dimensions. Source: Internet
Flexible to suit you and your family – Buy to downsize, or as a holiday bolthole to escape to for short breaks, perhaps whilst you are still semi retired. Source: Internet