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downsize

down·size [ dówn sz ] (past and past participle down·sized, present participle down·siz·ing, 3rd person present singular down·siz·es)


verb 
Definition:
 
1. transitive and intransitive verb make business smaller: to reduce the size of a business or organization, especially by cutting the work force

2. transitive verb make something smaller: to make something physically smaller, or produce something in a smaller size

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