downsize (Meaning)
downsize (v)
dismiss from work
design or manufacture in a smaller size
(of a company) reduce in size or number of employees
Synonyms & Antonyms of downsize
FAQs About the word downsize
dismiss from work, design or manufacture in a smaller size, (of a company) reduce in size or number of employees
reduce, decrease, slash, dwindle, drop, diminish, deplete, abate, compress,lower
raise, increase, escalate, amplify, raise,increase, escalate, augment, boost, boost
The company decided to downsize its workforce in order to cut costs.
The downsizing affected employees across all departments and levels.
Many employees were offered severance packages to encourage them to voluntarily leave the company.
Some employees were forced to take early retirement as part of the downsizing.