Synonyms/Hypernyms (Ordered by Estimated Frequency) of verb downsize

3 senses of downsize

Sense 1
downsize -- (dismiss from work; "three secretaries were downsized during the financial crisis")
       => furlough, lay off -- (dismiss, usually for economic reasons; "She was laid off together with hundreds of other workers when the company downsized")

Sense 2
downsize -- (make in a smaller size; "the car makers downsized the SUVs when fuel became very expensive")
       => shrink, reduce -- (reduce in size; reduce physically; "Hot water will shrink the sweater"; "Can you shrink this image?")

Sense 3
downsize -- (reduce in size or number; "the company downsized its research staff")
       => reduce, cut down, cut back, trim, trim down, trim back, cut, bring down -- (cut down on; make a reduction in; "reduce your daily fat intake"; "The employer wants to cut back health benefits")