Is “Downsized” a Scrabble word?

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Yes
DOWNSIZED
Valid in at least one Scrabble dictionary

Valid in these dictionaries

SOWPODS / CSW
Scrabble UK & International
Valid
TWL / NWL
Scrabble North America
Valid
Large English Dictionary
General English word list
Unavailable

Meaning of Downsized

verb
  1. 1.To reduce in size or number.

    Joe and Edna moved to a bungalow after deciding to downsize when the children had left home.

  2. 2.To reduce the workforce of.

    They downsized the division by offering attractive early-retirement packages and selling off an office building.

  3. 3.To terminate the employment of.

    Joe got downsized and became a plumber.

Synonyms: rightsize