downsize

From Wiktionary

Word parts[change]

down- + size

Pronunciation[change]

Verb[change]

Plain form
downsize

Third-person singular
downsizes

Past tense
downsized

Past participle
downsized

Present participle
downsizing

  1. When a company downsizes, it makes the number of people working for them smaller.
    The company downsized by replacing some of it's workers with machines.