Downsize: meaning, definitions and examples
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downsize
[ˈdaʊnˌsaɪz ]
Definitions
business
To make a company or organization smaller by reducing the number of employees or branches. This is often done to save costs or improve efficiency.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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downsize |
Typically used in a business context when a company is reducing its workforce or organization size, often due to economic pressures.
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reduce |
A more general term that can be used in a variety of contexts to indicate making something smaller in amount, size, or degree.
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cut back |
Commonly used to describe reducing consumption or expenses in both personal and professional contexts.
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downscale |
Refers to reducing the size or scope of something, often used when talking about lifestyle changes, housing, or other personal decisions.
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Examples of usage
- The company decided to downsize its workforce in order to remain profitable.
- After the merger, the new management plans to downsize the company to streamline operations.
business
The process of reducing the size of a company or organization by cutting costs, eliminating jobs, or closing branches.
Synonyms
cutback, reduction, restructuring.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
downsize |
Typically used in a business context when a company reduces the number of its employees to cut costs or improve efficiency.
|
reduction |
A general term used in various contexts, including decreasing the size, amount, or degree of something.
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cutback |
Often used when talking about reductions in spending or services, sometimes in a broader sense than just reducing the workforce.
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restructuring |
Used in a business context involving significant changes in the organizational structure, often including downsizing but may also involve other forms of reorganization.
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Examples of usage
- The downsizing of the company led to many employees losing their jobs.
- They announced a downsizing of the department to improve profitability.
Interesting Facts
Etymology
- The word combines 'down,' meaning to decrease, and 'size,' which refers to dimensions or quantity.
- First recorded use appeared in the 1970s, as economic changes prompted businesses to reduce their workforce or scale.
- It has roots in the word 'size' that comes from the French 'size' meaning 'a provision or measure.'
Business
- Companies often downsize during economic downturns to remain profitable and efficient.
- Downsizing can lead to culture shifts in workplaces, as remaining employees experience increased workload.
- It may also involve layoffs, where companies let some employees go, impacting morale and future hiring.
Psychology
- The process can create stress among employees remaining after layoffs, leading to what's known as 'survivor's guilt.'
- Individuals in downsized companies often report feelings of uncertainty and job insecurity, affecting mental well-being.
- Research shows that job loss due to downsizing can lead to long-term impacts on individuals’ self-esteem and perception of job security.
Pop Culture
- Films like 'Office Space' and 'Horrible Bosses' address themes of downsizing, illustrating workplace frustrations.
- Books have been written that analyze downsizing effects on corporate culture and individual lives, reflecting societal concerns.
- Reality TV often shows extreme downsizing in home makeovers, where families declutter and simplify their living spaces.
Lifestyle
- Many people choose to downsize their homes as they age, seeking smaller, more manageable living spaces.
- Minimalism trends encourage downsizing possessions for a simpler, more purposeful life, promoting mental clarity.
- Downsizing can also refer to financial decisions, where individuals reduce expenses by simplifying lifestyles and focusing on essentials.
Translations
Translations of the word "downsize" in other languages:
🇵🇹 reduzir
🇮🇳 कमी करना
🇩🇪 verkleinern
🇮🇩 mengecilkan
🇺🇦 зменшувати
🇵🇱 zmniejszać
🇯🇵 縮小する (shukushō suru)
🇫🇷 réduire
🇪🇸 reducir
🇹🇷 küçültmek
🇰🇷 축소하다 (chuksouhada)
🇸🇦 تقليص (taqliṣ)
🇨🇿 zmenšit
🇸🇰 zmenšiť
🇨🇳 缩小 (suōxiǎo)
🇸🇮 zmanjšati
🇮🇸 minnka
🇰🇿 азайту
🇬🇪 შემცირება (shemtc'ireba)
🇦🇿 azaltmaq
🇲🇽 reducir