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Downsize vs Layoff - What's the difference?

downsize | layoff |

As a verb downsize

is to reduce in size or number.

As a noun layoff is

a dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).

downsize

English

Verb

(downsiz)
  • To reduce in size or number.
  • Joe and Edna moved to a bungalow after deciding to downsize when the children had left home.
    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.

    Synonyms

    * See also

    layoff

    English

    Noun

    (en noun)
  • A dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).
  • A period of time when someone is unavailable for work.
  • * {{quote-news
  • , year=2010 , date=December 29 , author=Sam Sheringham , title=Liverpool 0 - 1 Wolverhampton , work=BBC citation , page= , passage=But even the return of skipper Steven Gerrard from a six-week injury layoff could not inspire Liverpool}}
  • (British, football) A short pass that has been rolled in front of another player for them to kick.
  • Synonyms

    * (dismissal of employees): downsizing, reduction in force

    See also

    * lay off

    Anagrams

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