Downsize - Meaning, Definition & English Examples
Downsize means to reduce the size or number of something, often referring to a company cutting jobs to lower costs. It can also apply to simplifying possessions or operations.
Definition:
To reduce the size or number of employees in a company to cut costs.
Synonyms:
reduce, cut back, streamline, shrink
Part of Speech:
verb, noun
Antonyms:
expand, grow
Common Collocations:
downsize workforce, downsize operations, downsize staff
Derivatives:
downsizing, downsized
Usage Tips:
Use "downsize" when referring to reducing staff or operations in a business context for efficiency or cost-saving reasons.
Common Phrases:
downsize the company, forced to downsize, strategic downsizing
Etymology:
Originated in the 1970s from "down" (reduce) + "size," reflecting corporate cost-cutting trends.
Examples:
- 1. The company plans to downsize its workforce next year.
- 2. Many firms downsize during economic downturns to stay profitable.
- 3. She lost her job when the factory decided to downsize.
- 4. Downsizing often leads to lower morale among remaining employees.