This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

• Lexulous
• Wordscraper
• Wordosaur

v. To reduce in number or size: a corporation that downsized its personnel in response to a poor economy.

v. To dismiss or lay off from work: workers who were downsized during the recession.

v. To make in a smaller size: cars that were downsized during an era of high gasoline prices.

verb-intransitive. To become smaller in size by reductions in personnel: Corporations continued to downsize after the economy recovered.

v. To reduce in size or number.

v. To reduce the workforce of.

v. To terminate the employment of.

v. make in a smaller size

v. dismiss from work

v. reduce in size or number

"Reorganizing is the word used to describe this overall activity; the word downsize was replaced later with the more accurate term rightsize to show that bigger did not necessarily mean better."

downsized    downsizes    downsizing   

shrink    reduce    lay off    furlough    cut down   

lay off