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down·size
[doun-sahyz]
VERB (USED WITH OBJECT) [DOWN·SIZED, DOWN·SIZ·ING.]
1.
to design or manufacture a smaller version or type of: The automotive industry downsized its cars for improved fuel economy.
2.
to reduce in number; cut back.
ADJECTIVE
3.
being of a smaller size or version: a downsize car.
Source: Dictionary.com
Layoff - Wikipedia
A layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for ... More »
downsize | Define downsize at Dictionary.com
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What is downsizing? - Definition from WhatIs.com

whatis.techtarget.com/definition/downsizing

In a business enterprise, downsizing is reducing the number of employees on the operating payroll.

Downsize | Definition of Downsize by Merriam-Webster

www.merriam-webster.com/dictionary/downsize

Define downsize: to make (something) smaller — downsize in a sentence.

What Is the Meaning of Downsizing? | Chron.com

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Downsizing refers to the reduction of a company's labor force. Instead of firing workers, however, the employer shrinks the payroll by permanently eliminating ...

What is downsizing? definition and meaning - BusinessDictionary.com

www.businessdictionary.com/definition/downsizing.html

Definition of downsizing: Computing: Adapting mainframe computer based software to a desktop or personal computer (PC) based architecture, without too ...

Downsizing | Define Downsizing at Dictionary.com

www.dictionary.com/browse/downsizing

Downsizing definition, to design or manufacture a smaller version or type of: The automotive industry downsized its cars for improved fuel economy. See more.

Downsize Definition | Investopedia

www.investopedia.com/terms/d/downsize.asp

A downsize refers to reducing the size of a company by eliminating workers and/ or divisions within the company. It is sometimes referred to as "trimming the fat".

downsize Definition in the Cambridge English Dictionary

dictionary.cambridge.org/us/dictionary/english/downsize

downsize definition, meaning, what is downsize: If you downsize a company or organization, you make it smaller by reducing the number of…. Learn more.