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downsize  (downsizes 3rd person present) (downsizing present participle) (downsized past tense & past participle )To downsize something such as a business or industry means to make it smaller.  (BUSINESS)  verb 
American manufacturing organizations have been downsizing their factories.  V n 
...today's downsized economy.  V-ed 
...a consultant who's helped dozens of companies downsize.  V 
♦  downsizing    n-uncount 
...a trend toward downsizing in the personal computer market.