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The phrase "to downsize" is grammatically correct and can be used in written English.
It means to reduce in size or to make something smaller. You can use it when you want to describe decreasing the size or number of something, especially in a business or organization. For example: - The company decided to downsize its workforce in order to cut costs. - My parents are downsizing their house now that they are retired and don't need as much space. - The government is planning to downsize the military in order to allocate more funds to education.
Dictionary
to downsize
verb
To reduce in size or number.
synonyms
Exact(56)
It's time to downsize.
"It is now time to downsize".
Is Sarkozy planning to downsize his career?
If not, they may have to downsize.
It wasn't easy to downsize.
They had decided to downsize.
He wanted to downsize his load".
Now 65, she wants to downsize.
Instead, they expect families to downsize.
"There's nothing to downsize," he said.
"Everyone's had to downsize," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com