downsize

/ˈdaʊnsaɪz/

verb

To reduce in size or number.
"Joe and Edna moved to a bungalow after deciding to downsize when the children had left home."
To reduce the workforce of.
"They downsized the division by offering attractive early-retirement packages and selling off an office building."
Similar: rightsize
To terminate the employment of.
"Joe got downsized and became a plumber."

Practice "downsize" in context

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