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downsize

English

  1. 🔊 (of a company) reduce in size or number of employees
    “the company downsized its research staff”
  2. 🔊 design or manufacture in a smaller size
    “the car makers downsized the SUVs when fuel became very expensive”
  3. 🔊 dismiss from work
    “three secretaries were downsized during the financial crisis”