This is corporate slang for sacking workers, used to avoid actually admitting that this is what you're doing.

Workers beware! They think they can stop us fighting back by using these kinds of words so we don't figure out what they're up to until it's too late.
The company is committed to a long-term project of downsizing and restructuring in response to changes in the world market.
by Andy April 27, 2004
Get the downsizing mug.
To reduce the size of company by firing employees, usually with the intention of compromising for something else.
The bastards fired me because they plan to downsize just to increase profits.
by The Return of Light Joker March 26, 2008
Get the downsize mug.
When your ex starts dating someone that is or looks much younger than you are , similar to downgrading when your ex dates someone of lesser value than you
"He had the nerve to downsize after breaking up with me! She looks like she's twelve and can't do a split on the dick imo"
by Bitchin June 18, 2015
Get the Downsize mug.
A discreet way of rich people saying if they keep living in their residence they will go broke.
“We’ve been avoiding downsizing for years, and now that the children have moved out, we should find a romantic hideaway.”
by lovermangenius July 4, 2020
Get the Downsizing mug.
Someone who is always talking about the potential for being laid off, and tries to get others to be worried with her. A variation on the term Debbie Downer from Saturday Night Live.
Johnny: Man JT is always talking about layoffs. It's starting to make me worry!

Sloan: I know, he is such a Debbie Downsize.
Get the Debbie Downsize mug.
Verb.
1) To delete (defriend) friends on your Facebook profile that you do not know or hardly know.
Because Bob only knows 200 of his 1,000 facebook friends, Bob decided to Downsize his Facebook.

John facebook downsized his profile and he now only has fifty friends compared to his original six hundred.
by Retgarr April 22, 2009
Get the Facebook Downsize mug.
Used as an alternate for defriending people off of Facebook.

action verb: The act of defriending a large group of people from one's Facebook because of a number of reasons (i.e. removing an ex, people you don't talk to any more, that random from the party last night, etc).

verb: to downsize one's Facebook friends
Tom: I decided to Facebook downsize after each school year.

Jerry: Yeah, I did some Facebook downsizing after I broke up with that whore Stacy. I didn't need her sorority Facebook stalking me anymore.
by Lord_Squeaks February 2, 2012
Get the Facebook Downsizing mug.