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downsizing 

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.
downsizing by Andy April 27, 2004
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Downsizing 

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.”
Downsizing by lovermangenius July 4, 2020

Facebook Downsizing 

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.
a verb that is used to describe when someone is exhibiting traits commonly found in people with down syndrome. i.e: acting/saying/doing something dumb.
Brendan: My favorite color is peanut butter

Laura: Quit downsing.

alternately

Brendan: Sometimes I smell my wallet to see if it smells like my butt
Laura: Damn it Brendan, why are you so downsy lately???
downsing by ElDub91 June 3, 2011

Downpiping 

When a person blows an illicit substance into another persons anus with a pipe.
Me and the boys got together last night and tried some downpiping.
Downpiping by Nuttsausage398 March 6, 2017