verb

definition

To reduce in size or number.

example

Joe and Edna moved to a bungalow after deciding to downsize when the children had left home.

definition

To reduce the workforce of.

example

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

synonyms

definition

To terminate the employment of.

example

Joe got downsized and became a plumber.

Examples of downsize in a Sentence

Companies may need to downsize to protect their profits, and changing job duties may endanger some employees who aren't trained in new techniques.

For seniors looking to downsize, retirement homes offer a smaller, less expensive, easier-to-maintain option.

Losing a job for any reason is traumatic enough, but losing a job as the result of a business owner's decision to downsize can be easily misunderstood.

It might be necessary to downsize in order to save money in all areas of the household budget.

For the woman who wants to downsize her collection or just pack a little lighter, this easily solves the problem.

One of the most common reasons for seniors purchasing new homes is a need to downsize.

Will you stay in your current home or downsize?

You also need to consider the size of your family and if you expect it to grow or downsize as kids leave home.

We slowly had to downsize just to compete with some of the big farmers back west and with imports, but it's so hard.

It must also downsize its Larkfield mill in the UK.

Am I ready to downsize or do I want to maintain the same style of living?

Others opt to downsize into more manageable abodes and enjoy accessible activities found in retirement communities.

The solution is to downsize the business back to a level and size where the entrepreneur can use his skills for daily operations and divest himself of those aspects of the company he prefers not to do.

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