Definition of "downsized" []

• Simple past tense and past participle of downsize. (verb)

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• "Gordon calculated, about 10 million workers would have been freed -- none dare call it "downsized" -- to do something more valuable in the economy (which almost anything other than implementing a wasteful strategy would be), realizing a possible "corporate bureaucratic dividend" of some half a trillion dollars."
• "For more than 40,000 lives lost in downsized automobiles because of CAFE standards,"
• ""What happens for many people when they're downsized is they drop out for awhile," Rosenberg says."