What does downsize mean?

Definitions for downsize
ˈdaʊnˌsaɪzdown·size

This dictionary definitions page includes all the possible meanings, example usage and translations of the word downsize.

Princeton's WordNet

  1. downsizeverb

    (of a company) reduce in size or number of employees

    "the company downsized its research staff"

  2. downsizeverb

    design or manufacture in a smaller size

    "the car makers downsized the SUVs when fuel became very expensive"

  3. downsizeverb

    dismiss from work

    "three secretaries were downsized during the financial crisis"

Wiktionary

  1. downsizeverb

    To reduce in size or number.

    The company chose to downsize by laying off half of its workers.

  2. downsizeverb

    To reduce the workforce of.

    They downsized the division by offering attractive early-retirement packages and selling off an office building.

  3. downsizeverb

    To terminate the employment of.

    Joe got downsized and became a plumber.

ChatGPT

  1. downsize

    Downsize refers to the act of reducing the number or size of something, particularly in business context, it means to reduce the number of employees, scale of operations, or size of an organization, typically in order to manage costs or increase efficiency. This term can also apply to other contexts, like reducing the size of a personal possession, such as house or a car.

Wikidata

  1. Downsize

    Downsizing in the automobile industry is the practice of redesigning a vehicle to retain the interior volume, and often the nameplate and styling of a larger car to a smaller, more efficient platform. It was common in the 1970s following the 1973 oil crisis. General Motors was among the first to announce a downsize strategy for the whole company as a response to demand for smaller more efficient cars. An alternative strategy was to simply rebadge or mildly restyle smaller vehicles, as nameplates such as the Ford LTD and Plymouth Fury were applied to smaller platforms. The term engine downsizing is used when the car itself remains the same size but the engine is reduced, with the aim of making the vehicle more efficient.

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Numerology

  1. Chaldean Numerology

    The numerical value of downsize in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of downsize in Pythagorean Numerology is: 7

Examples of downsize in a Sentence

  1. Baha Mar Ltd:

    If an agreement with (China's Export Import Bank) is not reached in the near term, the debtors will be compelled to immediately downsize their operations to a minimum over approximately 45 to 60 days.

  2. Dave Prentiss:

    We are looking to downsize a bit.

  3. Leonard Steinberg:

    The would-be buyers that stepped back from the market in late 2022 can’t and won’t stay away forever, especially given the competing demands from first-time buyers looking to get into the market and retirees looking to move or downsize.

  4. Jonathan Fearon:

    One way (to boost capital) is to downsize the investment bank, the other is to raise capital. I would not be surprised to see a mixture of these two.

  5. Bob Zenouzi:

    In the last seven to eight years self storage companies have become very adept at marketing online, people can't afford a home and need to downsize. You have stuff and need to store that stuff.

Popularity rank by frequency of use

downsize#10000#78381#100000

Translations for downsize

From our Multilingual Translation Dictionary

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"downsize." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/downsize>.

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