DOWNSIZE
Downsize
Downsizing in the automobile industry is the practice of redesigning a vehicle to retain the interior volume, and often the nameplate and styling of a larger car to a smaller, more efficient platform. It was common in the 1970s following the 1973 oil crisis.The above text is a snippet from Wikipedia: Downsize (automobile)
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downsize
Verb
- To reduce in size or number.
- The company chose to downsize by laying off half of its workers.
- To reduce the workforce of.
- They downsized the division by offering attractive early-retirement packages and selling off an office building.
- To terminate the employment of.
- Joe got downsized and became a plumber.
The above text is a snippet from Wiktionary: downsize
and as such is available under the Creative Commons Attribution/Share-Alike License.